Some Xiaomi TVs and smartphones in India are now 3-6% more expensive

In some rather unfortunate news for our Indian readers, Xiaomi has confirmed its hiking up the prices for some of its smartphones and TVs by 3-6% starting today July 1. There are two main drivers behind the increased prices with the global chip shortage and increased shipping costs. Due to massive demand-supply mismatch, the majority of components used in smartphones, smart TV, and other electronics gadgets (chipsets, display panels, display drivers, back panels, batteries, etc.) have seen constant upward movement in their prices. While we have tried to absorb the increasing costs,...

from GSMArena.com - Latest articles https://ift.tt/3hrE3HM