Newsclip®: [Technology] Xiaomi said to plan first drone at S$840 in challenge to DJI | TODAYonline

"HONG KONG — Xiaomi, the Chinese smartphone maker that challenged Apple with sleek designs and low prices, is planning to introduce its first drone at a price more than 20 per cent below a comparable product from market leader SZ DJI Technology, according to a person with direct knowledge of the matter. The drone, made by FIMI Technology, will record high-resolution 4K video and cost about 4,000 yuan (S$840), the person said, asking not to be identified as the details are private. That compares with US$799 (S$1,104) for the Phantom 3 4K device on DJI’s website.",

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