It is very well known that mid-range cell phones are among the most popular in the market, and taking into account their characteristics, possibly the phones of the family of Xiaomi be the most economic and the best option we have in the entire market.
We have seen how now Xiaomi has divided into our company mainly dedicated to mid-range phones called Little bit, which has offered the best terminals we have seen during 2021 in terms of value for money mainly in that range.
Why are Xiaomi so cheap?
We must take into account that these phones are manufactured in China, a country where it is much cheaper to manufacture all this type of device, but this does not mean that its quality is lower, since, by acceptance in the market, we know that they are equal to or higher than the average.
Xiaomi is also known to focus more than anything on produce a large volume of cell phones, which ends up making them not worry so much about having high profit margins on each of their smartphones, something that benefits both the user and the company.
Some studies have shown that manufacturing price of an iPhone, is around 36% of the original price, which leaves Apple with up to 60% profit with each of their smartphones, but Xiaomi has reported that the profit margin of each phone does not even reach 10%.
Another interesting thing that is talked about when using Xiaomi phones, is that the Privacy is not as important as it is on an iPhone, so we might find that all our browsing data is also for sale to finish paying the low price from our terminals.
– .
