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Xiaomi Hikes Pricing Of a Budget Phone After Rupee Depriciates

Online-focused Chinese smartphone maker Realme increased the prices of its two popular budget handsets in India.

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Xiaomi
Xiaomi refreshes 'Mi TV' series in India. (Wikimedia Commons)

In the wake of the depreciating rupee and rising input costs, Chinese handset maker Xiaomi on Saturday announced that it was increasing the prices of its budget smartphones Redmi 6 and Redmi 6A, along with Mi Powerbank 2i and Mi TV (32-inch Pro and 49-inch Pro variants).

“Mi Fans! INR has depreciated against US$ by ~15 per cent since the beginning of this year, resulting in significant rise in input costs. We are adjusting the prices of Redmi 6, Redmi 6A, Mi Powerbank 2i & Mi TV (32″ Pro & 49″ Pro),” tweeted Manu Jain, Vice President, Xiaomi Global and Managing Director, Xiaomi India.

Xiaomi
We are more than a smartphone brand: Xiaomi

The company added that the new prices would be effective starting November 11.

The price of Xiaomi’s budget handset Redmi 6A (2GB RAM + 16GB ROM) has been increased by Rs 600 and will now cost Rs 6,599. The 2GB RAM + 32 GB ROM variant will now cost Rs 7,499 after the hike.

Redmi 6, another budget model, will now cost Rs 8,499 for the 3GB RAM + 32GB ROM version.

Mi LED TV 4C Pro 32 and Mi LED TV 4A Pro 49 will now cost Rs 15,999 and Rs 31,999, respectively.

Xiaomi
The smartphone maker has introduced Mi LED TV 4 PRO (55-inch), Mi LED TV 4A PRO (49-inch) and Mi LED TV 4C PRO (32-inch).

The cost of Xiaomi’s 10,000mAh Mi Power Bank 2i Black has been increased by Rs 100 and will now be available for Rs 899.

Also Read: 1 Mn Honor Smartphone Sales This Diwali: Huawei

Earlier this week, online-focused Chinese smartphone maker Realme increased the prices of its two popular budget handsets in India.

The Rs 6,999 Realme C1 is now priced at Rs 7,999 while Rs 8,990 Realme 2 (3GB variant) is priced at Rs 9,499.  (IANS)

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WWF Launches Website To Let People Buy More Ethical Food

There is ... growing momentum around the world with corporates who are doing and want to do the right thing because their customers are increasing demand

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Consumers
A worker removes expired food in a local supermarket in Brussels, Jan. 16, 2017. VOA

Whether buying a fish fillet at a supermarket or ordering steak in a restaurant, consumers will soon be able to use their phones to check instantly whether their food is green and ethical.Launched by environmental group WWF and investment firm BCG Digital Ventures, OpenSC is a website that harnesses blockchain technology to allow users to scan a QR code on a product or menu that reveals the full history and supply chain before they buy.

“For those catching and producing things in a very unsustainable way, it’s quite easy for them to hide behind the complexity of supply chains,” said Paul Hunyor, Asia region head at BCG Digital Ventures in Sydney.

“There is a lack of carrots for those doing good at the production end because it is very hard for them to make the end consumer aware of all the good work they’re doing,” he told the Thomson Reuters Foundation.

Food Waste, food, delivery, consumer
A worker removes expired food in a local supermarket in Brussels on Jan. 16, 2017.  VOA

Globally, consumers and retailers are demanding more information about what they procure, buy and eat, to ascertain that its production and transportation does not damage the environment, or use illegal and unethical business practices. In response, large consumer goods companies, restaurants and other businesses are looking at ways to attract more customers by offering sustainable products that are guaranteed as free of deforestation or slave labor, for example.

The OpenSC platform, conceived in 2017 when WWF was piloting a tuna fisheries traceability project in the Pacific Ocean, will initially focus on fish and beef. It plans to expand in the next two years to cover other commodities like palm oil and timber. OpenSC allows consumers to cut through the complexity and lack of transparency in supply chains, said Hunyor. The digital tool will cover environmental, social and human rights, and hopes to attract sustainability bodies and schemes, as well as corporations and major commodities producers, said Dermot O’Gorman, CEO of WWF-Australia.

Packaged Foods Could Be Harmful, consumer
Food labels promote healthier choices: Study. Pixabay

“There is … growing momentum around the world with corporates who are doing and want to do the right thing because their customers are increasing demand,” he said. Austral Fisheries, which is part of the Maruha Nichiro Group, has committed to implement OpenSC this year across its fleet which catches Patagonian toothfish. Customers and staff of supermarkets and restaurants, as well as wholesalers, can use the tool to access instant information.

Also Read: 63% Indians Now Want to Replace Meat With Plant-Based Food

For fish, that would include where it was caught, if the area is a verified sustainable fishing zone, and conditions along the supply chain. Fish tracked by OpenSC, set up as a social enterprise, will be served at a dinner for world leaders at the World Economic Forum in Davos next week. (VOA)