The Chinese company’s table adopts the iPad Mini’s specs and some of its features to create a more affordable version of the Apple product. The Xiaomi Mi Pad comes with a 7.9-inch screen and 2,048 by 1,536 resolution, same as the iPad Mini with Retina display.
Although the Apple product is lighter than Xiaomi tablet, the 16GB Mi Pad only costs $240 whereas the 16GB iPad Mini costs $299. There will also be a 64GB model of the Xiaomi Mi Pad which will sell for $275, $125 cheaper than Apple’s equivalent.
AAPL stock is down about 0.85% Thursday.
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