Xiaomi Mi 4i price slashed in India

Xiaomi flagship mid-range smartphone Mi 4i has received its first price-cut in India.

"It's official! Starting 17th midnight, your favourite Mi 4i 16GB will be available at an all new price of Rs.11,999!" confirmed Xiaomi on  Facebook.

Earlier this month, Xiaomi, as part of Diwali festive offer, sold Mi 4i (16GB) for Rs. 10,999 exclusively on Mi.com/in for a limited period (3-5 November). Now, the company has permanently reduced the device's price to Rs 11,999, Rs 1,000 less than the original price, across all affiliated e-commerce sites -- Flipkart, Amazon India, Snapdeal including Xiaomi's own e-shop website.

However, Xiaomi Mi 4i (32GB) model has not received any price-cut and will continue to be sold for Rs. 14,999.

With the official price-cut, feature-rich Xiaomi Mi 4i (16GB) might initiate a price-war between rivals and force Lenovo, Motorola, Micromax, Huawei (& Honor), ZTE (Nubia), OnePlus and others to reduce their respective device's price.

For the uninitiated, Xiaomi Mi 4i sports a 5.0-inch full HD screen and run on the Android 5.0 Lollipop OS (with MIUI 6.0) backed by the second generation Snapdragon 615 Octa-core SoC, Adreno 405 graphics engine, 2GB RAM, 16GB inbuilt storage capacity and high-capacity 3,120mAh battery, which can power the phone for close to 1.5 days.

Key specifications of Xiaomi Mi 4i: