Lei Jun's Fifth Annual Speech: The Redmi K70 Series Shines Again, Leading the Price-Performance Peak in the 2000-2999 Yuan Segment

Lei Jun's Fifth Annual Speech: The Redmi K70 Series Shines Again, Leading the Price-Performance Peak in the 2000-2999 Yuan SegmentThis year, supply chain component prices have been steadily rising, but the Redmi K70 Ultra has bucked the trend, winning over the market and consumers with its exceptional price-performance ratio. It not only upgraded its processor but also added IP68 waterproof functionality and Xiaomi's self-developed four chips, making it a true "more for less" proposition

Lei Jun's Fifth Annual Speech: The Redmi K70 Series Shines Again, Leading the Price-Performance Peak in the 2000-2999 Yuan Segment

On July 19th, Lei Jun's fifth annual speech took place as scheduled, again attracting widespread attention in the tech industry. During the speech, Lei Jun unveiled eight new products, with the highly anticipated Redmi K70 series taking center stage. When Lei Jun announced the Redmi K70 Ultra's price at 2599 yuan (12+256), the crowd erupted in cheers, and media outlets exclaimed, "That Redmi is back!"

This year, supply chain component prices have been steadily rising, but the Redmi K70 Ultra has bucked the trend, winning over the market and consumers with its exceptional price-performance ratio. It not only upgraded its processor but also added IP68 waterproof functionality and Xiaomi's self-developed four chips, making it a true "more for less" proposition. In just ten days after launch, the Redmi K70 Ultra received a significant number of orders and claimed the top spot on the AnTuTu July 2000-2999 yuan price segment price-performance ranking, a well-deserved accomplishment.

The success of the Redmi K70 series is not coincidental. The Redmi K70, with its impressive price-performance ratio and 2K resolution screen, shone brightly during this year's 618 shopping festival, achieving the highest sales in its segment and surpassing all Android models to become the single-product sales champion, even leaving the iPhone 15 behind. At the time, there was hardly a model in the 2000-2999 yuan price range that could match the Redmi K70's price-performance ratio, making it a coveted target for many Android brands.

Following closely behind the Redmi K70 series is the iQOO Neo9 series. The iQOO Neo9 series has launched multiple models this year, each achieving solid sales and contributing to iQOO's overall sales growth. Currently, iQOO's market share in China has reached nearly 6%, demonstrating a very strong performance.

The hot sales of both the Redmi K70 series and the iQOO Neo9 series prove that consumers are passionate about high price-performance products. In the fiercely competitive smartphone market, Redmi and iQOO have secured a leading position in the 2000-2999 yuan price segment by leveraging their strengths, bringing us more choices and surprises.