Will the Xiaomi Mi 8 cannibalize Poco F1 sales in India?

Xiaomi has done exceptionally well in India where its well-spec'd devices at value prices are in demand. While India is the second largest market in the world for smartphones, consumers there are hindered by low per-capita income, which is why the Chinese manufacturer rules the smartphone market in the country. The company has even developed a sub-brand, Poco, that is about to launch its initial handset in India.

On August 22nd (next Wednesday), Xiaomi will unveil the Poco F1 in New Delhi. The device will feature a Snapdragon 845 Mobile Platform, 6GB of RAM and 64GB ...

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