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Xiaomi Mobile Phone

• 25/5/2016 - Xiaomi's 4K Mi Drone to Cost $600

China-based Xiaomi device has conquered smartphones in the region, and dabbled in tablets, smart home gadgets, and fitness trackers. What's next? Drones.

Xiaomi Mi Drone

The Xiaomi drone looked remarkably like Hong Kong-based Yuneec’s Typhoon H drone, raising the question of whether the drone could be a collaboration between the two companies. However, Xiaomi’s smartphones have very similar designs to its competitors; it doesn’t sell smartphones in the US for fear of patent lawsuits.

Xiaomi plans to unveil its Mi Drone on Wednesday, and according to Bloomberg, it will cost about $600. Xiaomi did not respond to a request for comment, but the company's marketing director told Bloomberg that the Mi Drone will indeed come with a "very thin margin."

At $610, the Xiaomi Mi Drone could find a slice of the market looking for a budget-friendly device with all of the features customers would expect to find in higher-end devices, a formula that helped Xiaomi stand out in the smartphone market.

Source: Xiaomi Device

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Xiaomi mobile phone is China's most popular smartphone.

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