Ringing Bells launched its Freedom 251 smartphone last year to great fanfare.
The phone was priced at just 251 rupees ($3.76), a deal many industry experts said at the time was too good to be true.
One analyst said the company would lose $26 for every device it sold.
Man behind India's $4 smartphone arrested for fraud .
The man who made headlines a year ago with his promise of a $4 smartphone has been arrested on suspicion of fraud. Mohit Goel, the founding director of Indian phone manufacturer Ringing Bells, was arrested on Thursday in the northern city of Ghaziabad,
Read more source :
No comments:
Post a Comment