Xiaomi will loose lot of market share to Realme and Motorola and other companies due to poor price to performance ratio. Last two years, it was poor to performance ratio as well but somehow it was good shift from LCD to Amoled for Redmi Note series. Now snapdragon 695 is weakest segment for Redmi Note 11 series. Should have been snapdragon 778G at 23K(Snapdragon 778G powered Realme GT Master edition was available at 15999 in sale two days back and snapdragon 870 in Realme GT Neo 2 at 22999 few days back well, Xiaomi doesn't have chance against these three phones, Realme X7 Max as well). But this will be epic failure. Only Redmi Note fans can buy this and flash custom roms. Poco F4 with snapdragon 870 and Sony IMX 766 at 25K can save Xiaomi from embarrassing 2022. Mi 12 Lite with snapdragon 7 Gen 1 with Sony 686 at 22K will do well as well. Anything above 20K for Redmi Note series doesn't do justice.