Chinese phone maker Xiaomi has done it again. Apparently, even after all this time, their Mi One “Xiaomi Phone” is still a hot ticket item in its homeland of China and the company managed to sell out all 150,000 units of its MIUI rockin’ smartphones in just under 13 minutes (12 minutes and 41 seconds to be exact).
That’s not half bad. Especially when considering the phone was originally announced all the way back in August of last year and only sells in batches every few months. I suppose this strange business practice of only providing the device in batches (number 7 since it debuted) drives up demand for the handset while ensuring Xiaomi doesn’t have to worry about any kind of surplus.
The phones specs still manage to hold up pretty well by today’s standards. The Mi One features a 1.5GHz dual-core Snapdragon, 1GB of RAM, 8MP shooter 854×480 resolution display, 1,930 mAh battery and retails for about $317. That sort of rock bottom pricing is something we could get used to and may start seeing more with Google’s announcement to begin selling their Galaxy Nexus for $400. Now, if only it would ship with MIUI (blasphemy!).