On April 29, Xiaomi hiked the price of the Redmi Note 10 and it increased from 11,999 to 12,499 for the base model with 4GB RAM & 64GB Storage and they hiked the price of the 6GB RAM & 128GB Storage Variant as well from 13,999 to 14,499, maintaining the 2000 Rupees Gap.
2 weeks ago, they also increased the price of the Redmi Note 10 Pro by 500 Rupees for the 6GB RAM Variant, taking the price from 16,999 to 17,499.
Now, today, they have increased the price of the Redmi Note 10 yet again, this time only for the 6GB RAM Variant and not the 4GB One, by another 500 Rupees. From 14,499 it will now cost 14,999.
The base model stays at the same price of 12,499. This is yet another price hike.
The Redmi Note 10, when it launched for only 11,999 was a really good deal with a 1920*1080 OLED Display, Snapdragon 678, Gorilla Glass 3, A Quad Camera Setup with a 48 MP Main + 8MP Ultrawide (and then we have those cherished 2+2MP Cameras) and a 13MP Front Camera.
With 33W Fast Charging Support and an all-day 5000mAh Battery, this made the Note 10 a well rounded and very aggressively priced device that seriously outperformed its price by a huge margin.
A lot of reviewers praised the device. Its price to performance ratio was really good. Then the early bird offer ended and there was a price hike. Now, yet again, there is another price hike.
Is this justified? Now there is a 2500 Rupees difference between the 4GB and 6GB Versions. For extra 2GB RAM and 64 more Gigabytes of storage, you are paying 2500 more, which is not really a good move, because the base variant, which is still excellent value for money, comes with a triple slot, so you can just insert a micro SD Card and get the storage you want, also, for the average user, 64GB Will be enough.
To conclude, we hope Xiaomi does not hike the price yet again for even the base model just to make the price gap 2000 Rupees again, because now it is competing with a lot of phones at that price of 14,999 like the Galaxy M32, Realme Narzo 30 Pro with the Dimensity 800U, Realme 7 and 8, Poco X2 and X3, last year’s Note 9 Pro Max and Poco M2 Pro, Narzo 20 Pro, and a lot of other value for money smartphones.
So, we think that these price hikes are not good, and another hike will not do it any good. If you put it against such aggressively priced smartphones, the value proposition of the Redmi Note 10 will crumble. Hope they do not hike the prices again and destroy their own value proposition.
We will say one thing for sure though, these devices are now significantly more expensive than the price they were launched for, and they are definitely not as value as back then. With that being said, let us know what you think about the price hike and what are the possible reasons for it. Do you think it is justified?
Thanks a lot for reading.