XIAOMI(HK:01810) Sou Hu Cai Jing·2025-10-24 04:55Core Points - The Redmi K90 series was launched on October 23, with the 12+256GB version priced at 2599 yuan and the 12+512GB version at 3199 yuan, leading to discussions about the high price difference for the additional storage [1][4] - Xiaomi's smartphone division president, Lu Weibing, acknowledged customer disappointment regarding the pricing and announced a price reduction of 300 yuan for the 12GB+512GB version during its first month of sales, bringing the price down to 2899 yuan [1][4] - CEO Lei Jun emphasized the impact of rising memory costs on pricing and expressed hope for consumer understanding regarding the company's pricing strategy [1][3][4] Pricing Strategy - The initial pricing for the Redmi K90 series has sparked significant consumer feedback, particularly regarding the 12+512GB version's price [1][4] - The decision to reduce the price of the 12GB+512GB version reflects the company's responsiveness to consumer demand and feedback [1][4] - The company cited global supply chain pressures and increased storage costs as factors influencing the pricing strategy [1][4]