FREEDOM 251 : Actual or Fake....!!!
FREEDOM 251( The Cheapest Smart Phone) Why are some calling it ‘mission impossible’? According to analysts, handset makers and industry veterans, it is not possible to make smartphones at such a low cost. “In realty it is not possible because even a memory card, a chipset or a processor costs more than the whole handset. I don’t see it as a serious business model. I am also worried about the security of money of buyers who have booked the handset,” S.N. Rai, co-founder, Lava Mobiles, told BusinessLine . Sanchit Vir Gogia, Chief Analyst at Greyhound Research, said there must be some hidden subsidy without which it is not possible to sell at Rs. 251. “Selling of smartphones is dependent on at least two factors: pricing and experience. I don’t see such things about this smartphone. Also, the customers they are targeting would not be having credit cards,” said Mr. Gogia. He also said with the founding members of the company not having any technology bac