World Indian Firm Launches World's Cheapest Smartphone

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A little-known Indian company is due to launch a smartphone believed to be the cheapest in the world, targeting a market already dominated by low-cost handsets.

Set to be priced at under 500 rupees ($7.30), domestic handset maker Ringing Bells’ Freedom 251 smartphone is about one percent of the price of the latest Apple iPhone.

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Ringing Bells was set up in September 2015 and began selling mobile phones via its website a few weeks ago under its Bell brand, a spokeswoman said.

“This is our flagship model and we think it will bring a revolution in the industry,” she told AFP.
 
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