According to a senior executive, there is little demand for small phones these days. In this regard, sales volumes will not justify the costs of developing the flagship model.
When asked by a Weibo user about the possibility of making compact phones, Lei Jun stated that the Xiaomi 13 is already a good option as it has the same width as the iPhone 14. The device offers a good compromise between screen size and hand feel. .
Also, the head of Xiaomi pointed out that reducing the size of the phone will negatively affect the battery life and camera capabilities.
Source: Ferra
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