Why MI is selling their phones in low budgets?

MI is also known as  Xiaomi . MI is in the first place of selling smart phones in India. How MI sells there smart phones in low budgets and also they have better performance and better specification. Recently they lunched MI redmi k20 and they have snapdragon 730 processor which is available in premium phones.

MI think different they wanted to sells their phone in low budgets and middle budgets because they want to get more smart phone market share by doing this they do not going to the lose because they not received money from selling smart phones. They use Ads for earning the money that is why they will try to capture more market they have more users as well as more revenue they can be earn from ads.

They do not shows more ads in their phones but limited number of ads that cannot be effect the user experience that the user do not disturbed form ads. They earn more money as compare to actual phone price by single smart phones that is why they lunched more budgets smart phones. People are happy to buy their smart phones because they provide more value to money products for you.