Xiaomi's first 2020 phone is US$200 cheaper than anything else in the world, half the price of many, and less than a third of the prices in the West. Huawei and China Mobile expected the price to fall under $300 in the summer of 2020. Shipping in January, Xiaomi has moved 6 months before anyone anticipated.
Lu Weibing of Xiaomi is seizing "a historic opportunity" to win market share for the next decade. Huawei has jumped to over 40% market share in China. The low price is a weapon against the Huawei Honor brand, Lu is
"Very confident that K30 will completely crush the V30 of friends. This product must be the turning point between the two brands. We will form a crushing trend."
The Redmi K30 5G uses the new Qualcomm Snapdragon 765G, priced lower than the 865G in all prior Qualcomm 5G phones. While chip prices are confidential, Qualcomm has reduced the price differential between the 765G and 4G chips. The 4G version of the K30 is $230, only $55 less than the 5G.
It's a decent phone: 6.7" screen, 64-megapixel camera, 120Hz display, and a 4500 mAh battery. When I told Jennie the specs, she asked, "When will we be able to buy it in the US?"
?$150 by the end of 2020.