Xiaomi Mi 4 gets Rs 2000 price cut in India; to compete with 64GB OnePlus One at Rs 21,999

Xiaomi recently celebrated the Mi Fan festival by offering several devices for Rs 2,000 less, including the celebrated **Mi 4** . Now, the company has no plans to go back to the older pricing. An official statement by the company reads, “Mi India offered a special price for Mi 4 during Mi Fan Festival, and it was very well received. We have thus decided to make this price drop permanent.” https://twitter.com/manukumarjain/status/588592359446745089 The 16GB Mi 4 priced at Rs 19,999 is available for Rs 17,999 after the price cut, while the 64GB model is up for grabs at Rs 21,999, which is down from its original Rs 23,999 price tag. It is now available on Flipkart and offline via **The Mobile Store** . Manu Jain has revealed that the Mi 4 will also be made available on Snapdeal and Amazon soon. https://twitter.com/manukumarjain/status/588594776649310208 The new pricing also brings it at par with the OnePlus One. The Xiaomi Mi 4 was certainly priced well for its features and performance when launched, but its 12GB usable memory was definitely one of the major flaws. Specially when you considered the fact that with just Rs 2,000 more you could get the OnePlus One which cames with similar specs and 64GB memory (four times that of the Mi 4). Read our complete **Xiaomi Mi 4 review** to know more. The price cut is also an indication that the company is paving way for its new smartphone supposedly to be called **Mi 4i** . It is expected to be unveiled at an event named **‘Global Mi phone premiere’** that will take place in New Delhi on April 23. The new device is rumoured to sport a 1.65GHz Snapdragon 615 octa-core 64-bit processor paired with 2GB RAM and will run on Android 5.0.2 Lollipop out-of-the-box. These specs closely resemble the unannounced Xiaomi device, dubbed ‘Ferrari’ that appeared in a benchmark listing last month.