Xiaomi is bringing the locally-manufactured Redmi 2 to Brazil for only BRL499

Chinese smartphone manufacturer Xiaomi today announced that it is entering the Brazil market with its Redmi 2 smartphone, which will be sold in the country for just BRL499. This is the company’s first big foray into the Latin American market. It has also been announced that the phones will be manufactured by Hon Hai Technology Group (Foxconn) International Holdings, making these the first Xiaomi smartphones produced outside of China.

The Redmi 2 features a 4.7-inch HD display, a dual SIM card slot, 2G/3G/4G connectivity, an 8MP rear-facing camera with an f/2.2 aperture and a 2MP front-facing camera that can take 720p video. The device is powered by a Snapdragon 410 processor and runs Xiaomi’s MIUI 6 software overlay. Interested folks in Brazil will be able to purchase the phone online beginning Tuesday, July 7th for 499 reais ($160).

Hugo Barra, Vice President of global operations at Xiaomi, explains:

I strongly believe that Redmi 2 will be a game-changer in the Brazilian market, offering consumers a quality option never seen before in this price category. And this is only the start of our journey — as our business in Brazil grows, we will be bringing in a greater variety of exciting Mi products.

If you’d like some more information on the Redmi 2, be sure to check out the smartphone’s product page.