Xiaomi packs 48-megapixel camera into budget Redmi Note 7 phone

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Chinese smartphone maker Xiaomi has unveiled the budget Redmi Note 7, which starts at 999RMB ($150) and features a dual rear camera with 48-megapixel and 5-megapixel sensors. 

The Redmi Note 7 is the first phone launched since Xiaomi CEO Lei Jun revealed last week that it would break out Redmi as its own sub-brand, leaving Xiaomi to focus on higher-end phones.