Indian company Ringing Bells is making waves in the tech industry with its latest product, the ridiculously cheap ‘Freedom 251’ smartphone priced at an unbelievable 251 rupees ($3.67).
Despite the phone’s low price, the company is promising a host of swanky features like 8GB storage, 8MP and 3.2MP primary and secondary cameras, pattern lock with face detection, 5-inch touch screen, 1080p video support, bluetooth, and of course, 3G support. “We will be the first Indian company to offer an incredible smartphone at a highly affordable price,” the Ringing Bells website states, adding that the phone will work on a “no-frills” platform that’s a “minimalistic and lightweight take on the Android 5.1 Lollipop operating system.”
According to a Ringing Bells spokesperson, the company believes that the phone – strongly resembling Apple’s iPhone 4 – will “bring a revolution” in the industry. While the initial promise was to price the phone under 500 rupees ($7.3), the actual cost was revealed at the launch event last Wednesday, creating a global stir. The high profile event conducted in Delhi was attended by members of the Indian Parliament and other state level leaders. The website went live for pre-orders the next day, but with 600,000 hits per second their website crashed within a few hours and they were forced to close bookings. The company later revealed that they received 37 million orders on Day 1 and 24.7 million on Day 2. They are now promising to deliver the devices to all their customers within four months.