The best regulated crypto exchange
Find out why?
50 BTC prize pool!
Get your share!
I'm in

Xiaomi launches 5G smartphones to boost flagging sales

By Ramla Soni

New phones will be available in China first and later in international markets

Chinese electronics maker Xiaomi has launched new 5G smartphones in a push to turn around declining sales in its home market.

The world’s fourth-largest smartphone maker unveiled the Mi 10 and Mi 10 Pro at an event in Beijing. Both will be available in China first and then in international markets.

Xiaomi pushed forward with the planned launch at its Beijing headquarters despite the coronavirus outbreak which has claimed the lives of more than 1,000 people.

Some of the key specs of the Mi 10 and Mi 10 Pro include a 6.67-inch full high definition display, Qualcomm’s Snapdragon 865 processor, four-camera set up with one of them being a 108-megapixel sensor developed with Samsung and wireless charging capabilities

The Mi 10 will be available in China on February 14 starting at 3,999 yuan ($572.60, €526.60, £439.05) and the Mi 10 Pro on February 18 starting at 4,999 yuan.

For consumers, 5G which China turned on last year means faster downloads of content and potentially better gaming experiences on smartphones.

Xiaomi, however, has suffered in China’s smartphone market with shipments of its devices falling more than 21 per cent year-on-year in 2019. Overall, the entire Chinese smartphone market fell 7.5 per cent.

Xiaomi plans to release ten 5G-capable models in China this year.

In November last year, China launched one of the largest consumer 5G networks in the world with China Telecom, China Mobile and China Unicom, all state-owned carriers revealing their 5G data plans.

FURTHER READING: China launches one of the world's largest 5G networks

FURTHER READING: UK to decide on Huawei 5G ban following pressure from the US

Like to share your thoughts and ideas about crypto and trading? You could join us as an external author. Email us on [email protected] to find out how you could become a Currency.com contributor.
Subscribe to Currency.com news
iMac Image
The most beautiful trading app
google play storeapple store
iPhone Image
iPhone Image