Xiaomi’s 4K Mi Drone will reportedly cost around $600

If Xiaomi’s first ever drone is going to make an impact then it needs to follow the company’s winning game plan to date: quality products at cheap prices. Well, according to a report from Bloomberg, the 4K video-enabled Mi Drone will be priced at 4,000 yuan or $610. That’s nearly 25 percent cheaper than market leader DJI’s similarly equipped $799 Phantom 3 4K.

But assuming this is the real price (or close to it), questions still remain. Is $610 enough of a price cut to earn Xiaomi a chunk of the extremely competitive consumer drone market? And will the device be a match for rivals’ products in terms of reliability and ease-of-use? (Bloomberg says the Mi Drone will be made by third-party Chinese manufacturer FIMI Technology. Their frugal web presence suggests they’re usually more at home making electric ovens.) We’ll hopefully find out more tomorrow when Xiaomi finally unveils the drone.

From: http://www.theverge.com/tech/2016/5/24/11759004/xiaomi-mi-drone-price-rumor