At the ongoing Dream 500 Million Smartphones conclave in New Delhi today, Xiaomi’s Hugo Barra said that it won’t be launching a sub-Rs 5,000 smartphone in India. “You should get more out of a Rs 6,000 smartphone and we’ve tried to deliver that experience but getting it below Rs 6,000 looks difficult at the moment,” he said. Additionally, Barra also revealed how bullish he was about India reaching the 500 million smartphone mark. The company, he revealed, was looking at investing in Indian startups, and also talked about how diversity between regions allows for hyperlocalization and that would in turn be the key for growth of smartphone penetration in the near future. When asked about the controversy involving Ericsson, he was happy with the new High Court order, and he reiterated that the company’s Redmi 1S will go on sale next week on December 23. Also Read - Mi Band X strapless smart band with 360-degree flexible display under works?
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Dream 500 Million Smartphones is BGR India’s first marquee event. The event is underway at JW Marriot in New Delhi and the conclave includes some of the biggest stakeholders from the tech industry. They are all sharing their views on how to make the dream of 500 million smartphones in India a reality. Also Read - Best laptops under Rs 40,000 in July 2021: Mi Notebook 14, Asus VivoBook 14, and more