Xiaomi teasing 4K video drone with $600 price – report
MANILA, Philippines – Chinese electronics company Xiaomi may be showing off a drone that shoots in 4K video resolution on Wednesday, May 25.
A report from Bloomberg said the company's first drone would also have a price to strongly compete with comparable products.
While market leader SZ DJI Technology priced its Phantom 3 4K-capable drones at $799, Xiaomi's offering will reportedly be set at 4,000 yuan, or around $610.
Bloomberg added Xiaomi's drone will be made by third-party Chinese manufacturer FIMI Technology.
Xiaomi previously teased online that it was coming out with a drone, though it did not give the specifications or price.
Xiaomi is launching something tomorrow that's super fly. pic.twitter.com/4DszGVdZWn— Hugo Barra (@hbarra) May 24, 2016