We already announced the news that the Xiaomi MI4 will get a Low-Cost Version with Price Cut and now its official. On November 11.11, the big Sales Day, Xiaomi will release a lower spec version of the Xiaomi Mi4, the Xiaomi Mi4 Youth. The Specs will mostly be the same, with the only change of 2GB RAM instead of 3GB. Xiaomi CEO, Lei Jun, has officially confirmed the Xiaomi Mi4 Youth Version on his Weibo Account.

Lei Jun announced that the Special Low Cost Version of the Xiaomi Mi4 will sell for RMB1799(978RM) and launch on 11.11 in China. It will have 2GB of RAM, 4G support and still sport the powerful Snapdragon 801. Further Lei Jun said that Xiaomi achieved to produce 1.2-1.5 Million Xiaomi MI4 phones this month and plan to produce more then 2Million units of the popular Mi4 in December.

The Xiaomi MI4 Youth with its price level of 1799 Yuan is targeted directly on the Meizu MX4 for 1799 Yuan. The Meizu MX4 has sold so well , that Meizu actually got stock problems as well because of the huge demand.

The Xiaomi Mi4 Youth Version will start selling on Tmall on 11.11 but we might see it on international Resellers already before Christmas Season.

Source: