Last month, an India-based mobile manufacturing company named Ringing Bells announced a series of ultra-low budget, domestically-produced mobile handsets. These new phones included India’s cheapest 4G smartphone at ₹2999 ($44.60) and a 3G model dubbed Freedom 251 priced at a jaw-droppingly low ₹251 ($3.80).
The phone’s February 18th launch made headlines, and featured such high-profile guests as India’s Defense Minister. According to one report, the company claimed 30,000 pre-orders on the first day of sales, forcing them to suspend orders.
The market for budget smartphones in India is massive: though the per capita income is just under $1,600, this year India is projected to overtake the United States in smartphone purchases....
via The Verge
