Why Is Freedom 251 Smartphone So Cheap?

The Freedom 251 smartphone from India-based Ringing Bells is creating quite a stir worldwide thanks to its cost – just Rs. 251, which is approximately $3.65. The company launched the 4-inch smartphone on Wednesday and the preorders for the handset opened on Thursday. The response was so overwhelming – six lakh visitors per second – that the Freedom 251 site crashed!

The question raging on everyone’s mind is how come the Freedom 251 smartphone is so cheap? How is it that a smartphone with iPhone-like icons and reasonably decent specs can command such a low price?

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