Xiaomi is under trouble over the outbreak of Coronavirus in China. The Lei Ju-owned company had abruptly hiked the Redmi Note 8 Price due to problems in the supply chain over Coronavirus. Even though Xiaomi assembles the smartphones in India, the circuit boards, spares and other accessories were mainly sourced from China. With the closure of factories in China due to the Coronavirus, it became difficult for the company to meet the growing demand in India.
Xiaomi has increased the Redmi Note 8 Price to Rs 10499 for the 4GB RAM variant. Previously, the cost was Rs 9999 and was further decreased during the Republic Day Sale. However, the cost of the 6GB RAM model coupled with 128GB storage is same as Rs 12999.
In a statement released to the press, Xiaomi revealed that not only business is critical but also the value of human life is the biggest priority for the company. The company will continue to adopt all measures to ensure the safety of our employees and partners. The team continues to evaluate the situation in real-time.
The company confirmed that their Supply Chain was affected due to the extended shutdown in China. The extension of the Lunar new year caused serious problems for the company. The component suppliers were affected to a large extent and the situation will be more severe if the shutdown was extended till the end of February.
It is likely that the smartphone stocks in India will be drained as a result of the Coronavirus. Xiaomi is currently working on to bring the components and raw materials for alternative supply channels. It will take some time for the problem to settle down and hence they are compelled to increase the price. The company apologized for the difficulty but the issue is temporary. The Redmi Note 8 price will revert back to normalcy once the China opens up the shutters for the extended holidays.
Amazon also increased the Redmi Note 8 price and is currently available for Rs 10499. You should note that Amazon is the official online partner for the Redmi Note 8 series. If you are willing to shell out Rs 500, you can purchase the device. Otherwise, you should wait until October for the price to stabilize. It will take another 5 months for the situation to settle down in China.
For a quick rundown of the specifications, the Redmi Note 8 features a 6.3-inch fullHD+ IPS LCD display. It is powered by the Qualcomm Snapdragon 665 processor coupled with up to 6GB of RAM. The dual-SIM handset comes with up to 128GB of onboard storage, which is further expandable using a microSD card.
