India $3.60 cheap smartphone fake or true

INDIAN $3.60 DOLLAR CHEAP SMARTPHONE FAKE OR TRUE? HERE IS ANSWER:-

IN WEDNESDAY A INDIAN RINGING BELL COMPANY LAUNCHED VERY CHEAP MOBILE NAME FREEDOM 251 ($3.60 DOLLAR IN DELHI).

THE RINGING BELL COMPANY JUST REGISTED 3 MONTHS BEFORE AND HEADQUATER IS NOIDA LAUNCHED 3G SPECIFICATION FATURE MOBILE SIMILAR TO PHONE AT LEAST 15 TIME MORE EXPENSIVE.

ON THURSDAY COMPANY STARTED BOOKING ON WEBSITE FREEDOM251.COM
FOR TILL 21 FEBRUARY AND PROMISED FOR DELIVERY IN AFTER 30 JUNE BUT AFTER 3 HOURS SITE GOT CRASHED BECAUSE 600000 PER SECOND HIT ON SITE .THE COMPANY OFFICE ALSO SWAMPED BY THOUSAND POTENTIAL BUYERS.

THE FIRM FOUNDER MOHIT GOYAL SAID THE PHONE WOULD BE LOCALLY MADE AS A PART OF MAKE IN INDIA PROGRAMME PROMOTED AGGRESIVE BY PRIME MINISTER NARENDER MODI S GOVERNMENT.

ADCOM IS DELHI BASED IMPORTER OF TECHNLOGY PRODUCT ITS HANDSET AVILABLE FOR 4000 INDIAN RUPEES ON E-COMMERCE SITE LIKE FLIPKART VERY SMILIAR FEATURES OF FREEDOM 251 .

MEANWHILE SOME TELECOM COMPANY WRITES LETTER TO THE TELECOM MINISTERY THAT ITS NOT POSSIBLE A PHONE WILL BE AVILABLE 3G FEATURES BELOW TO 2700 RUPEES

SO HOW ITS SO CHEAP :-

At this price, the phone is clearly being subsidised. The company denies any government subsidy or involvement, and says that economies of scale will ultimately help it meet the low selling price.

However, industry experts familiar with telecom manufacturing say that the handset's cost of components alone adds up to over eight times its selling price, not counting production, distribution and marketing costs. That suggests an over 90% loss being absorbed somehow.