Xiaomi takes on DJI with its ultra-cheap Mi Drone

The drone wars have begun. Watch out, DJI. Xiaomi’s first drones are here and it’s ultra cheap.

Dubbed the Mi Drone, the company announced on Wednesday two models in 1080p and 4K. The Mi Drone 1080 will be crowdfunded in the Mi Home app beginning May 26. The Mi Drone 4K will be available to beta testers in July

After being teased over the last week, Xiaomi founder Lei Jun officially unveiled the Mi Drone in front of more than 370,000 live stream viewers.

The drone itself looks impressive. It has a 3-axis stabilization gimbal and weighs just 140 grams. During the live stream presentation of the launch, Xiaomi chairman Lei Jun said the Mi Drone was the result of more than 7 years of research and 30 revisions. Read more...