Xiaomi Mi 9T Rear casing focused on logo and carbon texture
TL;DR
  • Xiaomi CEO Lei Jun wants to know from fans if they would buy a $1,500 phone from the company.
  • The executive will discuss the topic on February 7.
  • He could be hinting at the company’s plans for its foldable phone.

Xiaomi has ruled the budget smartphone segment for a while now. Even its flagship phones are usually more affordable than what the competition has to offer. But last year, the Mi 10 Ultra touched the $1,000 mark at the top end, and now it seems the Chinese firm is looking to go beyond that premium price barrier.

Xiaomi CEO Lei Jun has asked followers on Weibo if they would buy a 10,000 yuan ($1,548) phone from the company. He also asked them what a Xiaomi phone with this price tag should look like.

The question could be a hint at an upcoming expensive Xiaomi device, possibly the company’s first foldable phone that’s been in the works for a while now. Then again, it could just be the company testing the waters before it decides to leap into the ultra-premium smartphone segment.

This is not the first time that Jun has hinted at Xiaomi’s desire to break away from its reputation of being a budget smartphone maker. The company even started selling its Mi 10 flagship in India last year, signaling that its willing to try its luck in the premium space, in a country where it built its strong market share at the back of entry-level devices.

Nevertheless, we expect to hear more about Xiaomi’s plans for uber-expensive phones on February 7, when Jun addresses Mi fans for the Chinese New Year. Until then, let us know what you think of his question. Would you buy a $1,500 Xiaomi phone? Take our poll below and let us know your thoughts in the comments section.