Xiaomi launched the Mi Note 3 a few months ago in September with two memory configurations: 6GB/64GB and 6GB/128GB. The 64GB model runs CNY 2,299 ($346) while the one with double the storage capacity goes for CNY 2,699 ($406). These numbers reflect prices after Xiaomi discounted them shortly after launch.

The new variant brings the Xiaomi Mi Note 3 to a lower price point to attract more customers. The new tier features 4GB of RAM instead of 6GB. Storage capacity remains the same at 64GB for the entry-level model and it will run CNY 1,999 ($301). This new model will only be available in the pretty, blue option starting on November 23.

Other than the RAM reduction, there’s nothing else different about the cheaper Mi Note 3 tier. It has the same Snadragon 660 CPU, 5.5-inch 1080p LCD display, and dual-12MP cameras.

Via