Xiaomi Group’s shares rose. It is worth to say that the share price rose to 6. 62% and now they account for $9.82 after the release of Redmi K30.
During the Redmi K30 series smart new products release conference (held in Beijing), Xiaomi released the Redmi notebook, the first intelligent speaker, the first router and Redmi’s first 5G phone product.
CICC published a research data reporting that Redmi K30 5G smartphone’s first retail price was less than 2000 yuan ($284). It was better for the Xiaomi group than the big city rating and gives $13.5 HK/share target price.
It is expected that Xiaomi will have leading-edge and competitive cost. Besides, earnings per share will increase by 29 percent in 2020.
Redmi K30 main features
This growth is thanks to the Redmi K30 release and it is important to introduce its features. It is the world’s first smartphone coming with the Snapdragon 765G processor and the Sony IMX686 CMOS. In terms of configuration, the Redmi K30 5G phone uses the current top 7nm EUV process, integrates the Snapdragon X52 modem and RF system, and supports SA / NSA dual-mode 5G. Redmi uses a 6.67-inch 120Hz dual-hole full-flow screen with a screen ratio of 20:9 and a screen ratio of 91%. Its body is designed with 3D four-curved glass and has double-sided Corning GG5 protective glass made of AG frosted flagship technology.
The new phone uses a full-screen solution with six cameras on the front and back. The world’s first Sony 64 megapixel IMX686 sensor has a large 1.7-inch sensor, a 6P lens, and supports the Night God Super Night View function, and the same algorithm as Xiaomi CC9 Pro. Also, it uses a 2-megapixel portrait depth field lens, with 1.75 μm pixels, and can achieve a realistic and natural background blur effect. It supports portrait mode + movie mode. This smartphone supports 30W fast flash charging, using an independent high-efficiency charge pump. The charging conversion efficiency reaches 97%. The battery capacity is 4500mAh, and it can achieve 61% of power in 30 minutes.