The Xiaomi 12S Ultra retails for $890, but it only costs $516 to make

Credit: Hadlee Simons / Android Authority

• The Xiaomi 12S Ultra reportedly costs $516 to make.
• Xiaomi’s device launched in China for ~$890.
• This doesn’t reflect other costs associated with a smartphone though.

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The Xiaomi 12S Ultra is the company’s premium flagship for 2022, offering plenty of features and being part of the first wave of Leica-branded Xiaomi smartphones. The phone is only available in China for 5,999 yuan (~$890), but it looks like we now have an idea of how much it costs to make.

Counterpoint Research put together a bill of materials analysis for the Xiaomi 12S Ultra, claiming that the base 8GB/256GB model costs $516 to make. The tracking firm says processing, display, and camera sub-systems accounted for almost two-thirds of the cost.

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