Retailers in China are offering insane discounts on products from various categories as part of the 618 shopping festival. A few days back, we reported on two unbelievable deals on iQOO Z3 5G and Redmi K40. Today, we spotted yet another deal involving Xiaomi’s most expensive flagship smartphone to date – Mi 11 Ultra.

Xiaomi unveiled the Mi 11 Ultra in late March. The device went on sale in April. The base variant of the handset with 8GB RAM and 256GB internal storage debuted for ¥5,999 ($938). But for a single day on June 16, the phone’s price will drop by a whopping ¥1,100 ($172).

For a limited time, Xiaomi is offering a ¥500 ($78) discount on this device officially, As a result, the price of the smartphone drops to ¥5,499 ($859).

Additionally, TMall is providing a ¥200 ($31) discount voucher for every customer (via ITHome). On top of that, if the customer has an 88 VIP membership, they can receive an extra ¥400 ($62) discount voucher. Using these two discount vouchers, one can purchase a Mi 11 Ultra (8GB + 256GB) effectively at only ¥4,899 ($766). 

Interested customers will have to pay a minimal amount by 11:30 PM on June 15. They will be able to make the final payment and place the order starting at 12 AM on June 16. The deal ends at 11:59:59 PM the same day.

Unfortunately, there are no such deals in global markets right now. However, we can expect price drops and retailer discounts in the coming months.

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The post Xiaomi Mi 11 Ultra receives a ¥1,100 ($172) discount just 2 months after its release appeared first on Gizmochina.