Xiaomi to Join Hands With Leadcore to Offer Cheaper Handsets
Chinese technology powerhouse Xiaomi is all set to acquire chip maker Leadcore. The company might take a 51% stake in the company. It is expected that with the inclusion of these chips, the price of Redmi phones might go even further down.
Xiaomi presently uses Qualcomm Snapdragon chipsets in its handsets. It’s the power of the snapdragon line of chipsets that has given a boost to Xiaomi to take on the world market. Its inclusion of high-quality equipments even on its lower-end devices has created a trust factor amongst its present and future customers.
The company debuted with the Xiaomi Redmi line. But the spec-sheet of these devices helps them to take on other available devices with much higher price tag. Xiaomi has to be very cautious about the quality of its products. They should make sure that the Leadcore chipsets provide the same level of performance as they got from Snapdragon chipsets. Xiaomi will still be using Snapdragon chipsets for its devices that are higher up in the food chain.
There is also a great news for the potential consumers with this development. With Leadcore chips under their belt, the Redmi line of devices can see a major price cut. The phones are expected to lose as much as Rs. 2,000 off their price tag. The device will then truly become disruptive for the market and may cause loads of worry for the competitors. The ones who will seriously feel the brunt will be local manufacturers like Micromax, Lava and others. Guess we just have to wait to see another bloodbath, courtesy again by Xiaomi.
