Honor Band 5 is launched in India for Rs 2,599 and its specifications give tough competition to Mi Band 4 on paper but Xiaomi's aggressive pricing can still be a gamechanger in a market like India, and fans are keenly waiting for an announcement. Honor managed to put amazing features and a color display even in the older generation Band 4 but Mi Band 3 still gained an edge because it was priced so aggressively. Xiaomi has now become a household name in India and offers a wide range of products from smart TVs to apparels.
Honor Band 5 and Mi Band 4 are very similar to each other, both of them offer colored AMOLED displays and almost similar fitness and sleep tracking features. Honor's biggest USP over the fourth generation of Mi Band is blood oxygen detection. Mi Band 4, on the other hand, has a bigger battery compared to Honor Band 5. Xiaomi's fitness band also supports separate band straps which are easily available from various companies and can change the look of the band completely.
Pricing is where the game can completely change. Honor Band 4 was also launched last year in India at Rs 2,599 with a color display and a ton of other features but Mi Band 3 outperformed it even with a smaller, black and white display because of the price and brand's goodwill.
Facing tough competition from Honor and even Samsung's Fit E Band which is available at Rs 2,490, Xiaomi is now expected to price the band even lower between Rs 1,800 to Rs 2,200.