Xiaomi slashes prices of TV models

PTI | | Updated on: Jan 02, 2019
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Xiaomi said it has reduced prices of three of its television models by up to ₹2,000. Xiaomi said in a statement that the decision was driven by the government’s positive decision to reduce GST on TVs (up to 32-inch display) from 28 per cent to 18 per cent, as well as Xiaomi’s philosophy of keeping its profit margin for hardware products at five per cent.

Published on January 02, 2019

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