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Coronavirus Epidemic: Cost of Xiaomi’s Redmi Note 8 Rises

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There is a hike in the price of Xiaomi’s Redmi Note 8. Xiaomi said that the Rs 500 increase was due to coronavirus episode in China which has hit the inventory network hard. Be that as it may, Xiaomi additionally guaranteed that the value climb was non-permanent and will be moved back once the circumstance standardizes.

Redmi Note 8, which is as of now out of stock on Amazon, was valued Rs 9,999 preceding the value rise. One should pay Rs 10,499 to possess the 4GB + 64GB model of the smartphone.

Xiaomi India said in an explanation that the company is investigating elective channels to guarantee smooth stock of raw materials and durable goods. Then again, Xiaomi’s opponent Chinese brand Vivo said it has no scheme to rise the cost of its models and the company will be engrossing the cost vacillation till further notification.

Xiaomi isn’t the first company to have been influenced by the coronavirus plague in China. Asus had as of late declared that the stockpile of mainstream ROG Phone 2 will be impacted for some timeframe. Other Chinese companies like Huawei, Lenovo, OnePlus, etc might follow the same trend.

SMEStreet Desk

SMEStreet is fast growing platform dedicated to entrepreneurs from small and medium sized businesses (SMEs). Committed to facilitate Knowledge & Networking for Business Growth, SMEStreet offers value added content which shows the actual voice of Indian MSMEs.

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