Competition is heating up in the mid-range smartphone space in 2023 as today, Xiaomi has finally unveiled the company’s highly anticipated Redmi Note 12 Turbo in China today to challenge the OnePlus Ace 2V. Priced competitively against the OnePlus, Xiaomi even announced in the launch event that the company is waging a price war against its competitors in China for 2023.
The announcement comes from Xiaomi Group President and Redmi brand General Manager, Lu Weibing at the launch event in China today. The translated version of the “price war declaration” by the Xiaomi Group President was that “If it’s a war you want, then let the smartphone price wars begin.” Xiaomi welcomes its competitors in China, to undercut its Redmi Note 12 Turbo with better performance at more affordable prices. The brand believes that healthy competition is needed to advance smartphone innovation in the industry.
The Redmi Note 12 Turbo and OnePlus Ace 2V are expected to be announced as the Poco F5 and OnePlus Nord 3 for global markets respectively, and the Xiaomi Group President also shared the table below highlighting their respective launch sale pricing in China.
| Redmi Note 12 Turbo (Poco F5) | OnePlus Ace 2V (OnePlus Nord 3) | ||
| 8 GB + 256 GB | 1999 RMB (291 USD) | 12 GB + 256 GB | 2299 (334 USD) |
| 12 GB + 256 GB | 2099 RMB (305 USD) | 16 GB + 256 GB | 2499 (363 USD) |
| 12 GB + 512 GB | 2299 RMB (334 USD) | 16 GB + 512 GB | 2799 (407 USD) |
| 16 GB + 1 TB | 2599 RMB (378 USD) |
At 2599 RMB (378 USD), the Redmi Note 12 Turbo is the world’s cheapest 1 TB smartphone you can buy, breaking the previous record holder, the Realme GT Neo 5 240W 1 TB, which costs buyers 3499 RMB (515 USD) at launch. The Redmi Note 12 Turbo will offer buyers cost savings of more than 25%, for those who are looking for a large 1 TB storage smartphone.
Launched today, the Redmi Note 12 Turbo packs the latest Snapdragon 7+ Gen 2 chipset from Qualcomm, on par with the flagship Snapdragon 8+ Gen 1 SoC found in the Realme GT Neo 5 and better than the MediaTek Dimensity 9000 found on the OnePlus Ace 2V. It sports up to 16 GB LPDDR5x RAM and 1 TB UFS 3.1 storage. Xiaomi also fitted a 3725mm vapour cooling chamber in the device for better heat dissipation translating to better performance over a longer period of time.
The Redmi Note 12 Turbo also sports a triple camera setup that has a 64 MP main shooter with OIS, an 8 MP ultra-wide-angle sensor, and a 2 MP macro sensor. The smartphone draws its power from a 5,000mAh battery unit with support for 67W fast charging.
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- Redmi Note 12 Turbo With Snapdragon 7+ Gen 2, 120Hz Display Launched
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- OnePlus Nord 3 Launch Timeline Unveiled, Could Be a Rebranded OnePlus Ace 2V
- OnePlus Ace 2V Launched: Dimensity 9000 SoC, Metal Frame, Alert Slider, and More
