Freedom 251 pricing explained: Just how cheap can a smartphone get?

India has just had another Tata Nano moment, with the world’s cheapest smartphone being announced here on Wednesday. While there is understandable excitement across the country over the Rs 251 price point of the Ringing Bells Freedom 251 smartphone, there is disbelief in the smartphone market and in the rest of the world.

Unbelievable price

Analyst Sanchit Vir Gogia, CEO & Founder at Greyhound Knowledge Group, said the lowest price point seen so far was $ 28, or about Rs 1,700.

Company’s logic

Experts like Gogia, however, say that even if components are found locally, they are usually more expensive than imported parts.

Source: Indian Express

 

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