Xiaomi to launch their own “cash for clunkers”: trade in your iPhone for a Mi Note

Got a device with specs TWO years old? Specifically, are those devices the iPhone 5s and iPhone 6? Good news if you live in China, Xiaomi is working on STARTING up a trade-in system that will allow you to pitch YOUR lemons Apples for shiny, new Mi Notes or Mi Note Pros.

If all goes according to plan, Xiaomi would like to take your iPhone 5s and replace it with a Mi Note. If you have an iPhone 6 or 6 Plus, you can receive a Mi Note Pro. Xiaomi is claiming that they’ll take any functioning iPhone 5s/6/6P in any condition for this trade-in program.

Further reading: Xiaomi announces the Mi Note and Mi Note Pro

No word on whether this will stretch beyond the Chinese borders or what they plan to do about the retail PRICE discrepancy between the companies’ devices.

Source: GSM Arena via Weibo (in Chinese)