Redmi had unveiled the Redmi K20 Pro Premium Edition in China in September. The handset had arrived in 8 GB RAM + 128 GB storage, 8 GB RAM + 256 GB storage and 12 GB RAM + 512 GB storage. What set the Premium Edition apart from the regular Redmi K20 Pro is that it was fueled by the faster Snapdragon 855+ chipset and it came with a larger 512 GB storage. The 12 GB + 512 GB edition was priced at 3,299 Yuan ($475) at launch. Now, the company has slashed the price tag of the same variant to 2,799 Yuan. It could be a sign that the arrival of the Redmi K30 Pro 5G is drawing near.
The Redmi K20 Pro Premium Edition is currently only available in China in 12 GB RAM + 512 GB storage version. In December, the price of this variant was brought down to 2,999 Yuan ($432). Its price is now reduced to 2,799 Yuan ($403).
It appears like a permanent price cut in order to clear the current stocks to make way for the upcoming Redmi K30 Pro 5G. The Redmi K20 Pro Premium Edition comes in White and Red colors.
Rumors surrounding the Redmi K30 Pro 5G have revealed that it will be powered by the Snapdragon 865 mobile platform. The device was recently spotted on Geekbench with the said SoC, 8 GB of RAM and Android 10 OS. The device is speculated to break cover in March.
Xiaomi is expected to announce the Xiaomi Mi 10 series of flagship phones in early February. The Mi 10 and Mi 10 Pro are expected to cost between 3,500 Yuan ($504) and 5,000 Yuan ($720) whereas the Redmi K30 Pro 5G could be costing less than 3,500 Yuan ($504). To ensure that the Redmi K30 Pro 5G does not impact the sales of Mi 10 models, the Chinese firm may announce it in late March.