Xiaomi announces price increase

On April 3, Xiaomi announced that it would adjust the suggested retail prices of some products on sale.

The announcement shows that due to the continued sharp surge in global prices of key components such as memory chips, after careful evaluation, the recommended retail prices of some products on sale will be adjusted starting from 0:00 on April 11, 2026. "We deeply apologize for this round of price adjustments and ask for your understanding."

At the same time, Wei Siqi, general manager of Xiaomi China's marketing department, issued a statement saying that this adjustment involves 3 models:

REDMI K90 Pro Max has been increased by 200 yuan

REDMI Turbo 5 and Turbo 5 Max have canceled the New Year discount, and the 512G large memory continues to be subsidized by 200 yuan.

Wei Siqi emphasized that Xiaomi will try its best to control the impact of memory price increases to as few models as possible. At present, Xiaomi's price increase is much milder than that of its competitors, with only minor price adjustments.

Lu Weibing, partner of Xiaomi Group and president of the mobile phone department, said at the performance meeting some time ago that Xiaomi's products are very diversified, including not only mobile phones, tablets, PCs, but also cars, home appliances, etc. Therefore, there is pressure to increase the price of memory, but it can be digested for the time being, and you can still bear it by yourself, but the trend of rising mobile phone prices is inevitable.

According to previous news, in the context of rising storage prices, mobile phone manufacturers OPPO (including OnePlus) and vivo (including iQoo) have successively announced increases in the prices of some mobile phone models in March this year.