The Vivo sub-brand iQOO launched its iQOO 3 smartphone a couple of months back in India. The phone comes in both 4G and 5G variants though they are powered by the same Qualcomm Snapdragon 865 SoC. The handset started at ₹36,990 but it was increased to ₹38,990 earlier this month due to new GST (Goods & Services Tax) by the Indian government. And now, the company has announced a permanent price cut of ₹4,000 and ₹2,000 on the 4G and 5G versions of the device respectively.
The price cut for iQOO 3 in India was already teased by the company on Twitter. It is a bold move by the new player in one of the most competitive smartphone markets in the world. We are uncertain how the brand is pulling this off as it was only able to sell the phone in March before the country went on lockdown last month and the scenario is still the same due to the COVID-19 outbreak.
At the moment, e-commerce companies in India are only allowed to sell essential goods and since phones are non-essential goods as per the government, their sales are expected to begin only after lockdown. And thus, the price cut of iQOO 3 will be effective from then.
Anyway, here’s the new revised price of iQOO 3 in India after the permanent price cut.
Variant |
Old Price |
Price Cut |
New Price |
| iQOO 3 4G (8GB + 128GB) | ₹38,990 ($510) | ₹4,000 ($52) | ₹34,990 ($458) |
| iQOO 3 4G (8GB + 256GB) | ₹41,990 ($550) | ₹4,000 ($52) | ₹37,990 ($498) |
| iQOO 3 5G (12GB + 256GB) | ₹46,990 ($615) | ₹2,000 ($26) | ₹44,990 ($589) |
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