Xiaomi at its Tuesday event in China revealed new devices on the occasion of its fifth anniversary, alongside announcing a price cut for the Mi 4. The firm’s 2014 flagship smartphone, the Xiaomi Mi 4 will now retail at CNY 1,799 (approximately Rs. 18,000) for the 16GB variant down from the previous price tag of CNY 1,999 (approximately Rs. 20,000). According to GizmoChina, a ‘lite’...