The Xiaomi Mi Band 3 is just $30 and offers a heart-rate monitor and more

While it’s no secret that the Apple Watch has been dominating the market, another company has been lurking behind. Xiaomi is recognized as the second most popular OEM and has released its latest option with the Mi Band 3.

READ MORE: Apple Watch continues to dominate

The new fitness tracker was announced alongside the new Xiaomi Mi 8 smartphone. The Mi Band 3 features a new 0.78-inch OLED display and includes many features.

Aboard the Mi Band 3 is a built-in heart rate monitor, along with Bluetooth 4.2 LE, and a 110mAh battery. This battery allows Xiaomi to claim that the tracker will last for over 20 days in between charges.

Additionally, the Mi Band 3 features NFC connectivity and is water resistant up to 50 meters. This should make life easy for those who want to track swim laps or leave it on in the shower.

Xiaomi Mi Band 3

Speaking of tracking, the Mi Band 3 will sync with Xiaomi’s Mi Fit app. This app is available to download on both iOS and Android and syncs all of the major data.

If you were hoping for this tracker to replace your Fitbit, there is one significant feature missing. The Mi Band 3 does not include a dedicated GPS chip.

This means that you will have to keep your smartphone with you, whenever you go for a run. However, for such a low price-point, it’s tough to argue with the Band 3 being a great option.

Moving back to the display, the 0.78-inch option is quite larger than the 0.42-inch display on the Mi Band 2. The resolution comes in at 128 x 80 and will show off more notification information.

Where Xiaomi seems to really excel is in the pricing department. The Xiaomi Mi Band 3 is priced at just $30, but there’s a version without NFC available for $25.

The pricing is so interesting considering what Xiaomi is up against. Apple has a big stranglehold on the smartwatch market, and you would think Fitbit would be right there.

READ MORE: Fitbit’s New Health Apps are here

However, when Xiaomi continues to release trackers at around $30, it’s difficult for others to keep up. Xiaomi has definitely cornered this section of the market, but could increase its sales volume with a proper US release.

The company has been looking to enter the US market with its smartphones for a few years. It seems that we could be moving closer to seeing that become a reality, which would hopefully mean easier access to other Mi products.

Xiaomi will be launching its latest fitness tracker in three different color options next week. While the Mi Band 3 will be made available in China first, we are hoping to see the tracker come to other markets.

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