TL; PhD
- Xiaomi announced that it will refund all users who pre-ordered and purchased the first mobile phone.
- The company stated that it initially sold 184,600 units, and today’s sales are approximately $57 million.
- The refund appears to be in the form of online store credit.
Xiaomi’s first mobile phone, Mi 1, was launched in China’s domestic market as early as 2011. This is the company’s milestone release, it provides an affordable flagship product, nearly three years earlier than phones like OnePlus.
Now Xiaomi has Announce It provides refunds to all those who pre-ordered and then purchased Mi 1. According to Xiaomi, it initially sold 184,600 units for 1,999 yuan (approximately US$308). This is equivalent to 370 million yuan, or 57 million US dollars today.
It is worth noting that the machine-translated image attached to the company’s Weibo post indicates that this refund is in the form of online store credit, rather than an appropriate cash refund. Nevertheless, for the company, this is a very cool way to recognize its first consumers.
You won’t buy another Xiaomi flagship product for around US$308 today, but devices such as Redmi Note 10 Pro and Poco X3 Pro are within reach. Or, the company also offers a series of smart home gadgets and wearable devices that cost less than $300.
This is not the only news that Xiaomi shared this week. It also revealed the Xiaomi Mix 4 flagship phone and a robotic dog called CyberDog.