Redmi K30 5G phone’s price teased, will likely cost more than RMB 2,000

“Redmi K30 5G phone is expected to launch in early 2020 and will feature a Snapdragon 700-series chipset”

Redmi K30 price might be more than its predecessor if the latest hint from the brand’s General Manager Lu Weibing is anything to go by. Although Weibing has not disclosed the exact pricing of the upcoming Redmi K30 yet, in response to a query asking whether the Redmi K30 will be priced above CNY 2,000 (roughly Rs 20,000), Weibing merely responded by saying that “5G SoC is still very expensive” (as per the translated text). This seems like an obvious hint that the handset will be priced north of CNY 2,000 in China and similarly, more than the predecessor’s Rs 21,999 price tag in India (provided the 5G variant is launched in the country at all).

Lu Weibing Weibo post with Redmi K30 pricing hint

For those who are unaware, Lu Weibing confirmed late last month that Redmi K30 is already on its way and that the smartphone will feature support for 5G. Earlier, Qualcomm announced that Redmi is among the first few brands to use the Snapdragon 700 chipset that supports 5G. Redmi has since announced that it will be the world’s first brand to use Snapdragon 700 series chipset with 5G support but as OPPO has also claimed the same, we will have to wait and see which brand manages to pull this off first.

Considering that right now iQOO Pro 5G is the cheapest 5G smartphone in the market with support for 5G and retails for around CNY 3,800 (roughly Rs 38,000), Redmi K30 is almost certain to be the most affordable smartphone to feature support for 5G at its launch. Bear in mind that although the Snapdragon 700 series 5G chipset will be made available commercially this year, the smartphones that feature this SoC will be released early next year only.

To recall, soon after the Redmi K20 series was announced in India, there were some complaints from the community regarding the pricing of Redmi K20 in particular. As the brand has been facing stiff competition from Realme, which has already confirmed its plans to launch 5G smartphone in India, in the mid-range segment, we can expect that the competition will get more fierce with the dawn of 5G smartphones. If Realme manages to launch its 5G handset below Rs 20,000 in India, it will indeed give Xiaomi a run for its money. As there are a lot of speculations involved at this point, we will just have to wait and see how the story unfolds.