Are you still waiting for world’s cheapest smartphone “Freedom 251”, if so the latest information from the Ringing Bells makes you happy. The company says it has 2 Lakhs Freedom 251 phones with them till now, and it will start delivering from 30th June 2016.
In February Ringing Bell announced that it would deliver 25 Lakhs Freedom 251 phones before June 30th. But the company failed to keep that promise, and anyhow it announced it has two lakhs units only right now.
Ringing Bells founder Mohit Goel says “We learned from our mistakes and decided to go silent till we come out with the product. Now we have a 4-inch, dual-SIM phone ready for delivery. I feel vindicated”.
Goel says, they are getting Rs. 140 to 150 loss per each unit, and he expressed confidence that they can make profits by producing larger volumes of the smart phones.
As per the latest information the company shared, the smartphone had a 4-inch screen with Dual SIM facility and equipped with 1.3 GHz quad-core processor, 1GB RAM. It has 8 GB internal storage, which is no way sufficient for current Android app requirements.