The owner of Ringing Bells, the Indian company that promised to launch a sub $5 smartphone for the masses has been arrested for defrauding distributors and not delivering on promises.
Freedom 251 RSS
From Brexit blues and new Nexuses, to Surface anticipation, Mega returns, Microsoft price cuts, Xbox avatar upgrades, and the $4 smart-phony, it's our regular roundup of the week's top tech news.
Ringing Bells said it would ship 200,000 units of its $4 smartphone this week - but it's shipped just 5,000, and says it may not deliver more unless the government can provide funding of $7.4 billion.
The Freedom 251 was unveiled in February amid a wave of doubt and confusion, but it will finally start shipping to buyers on June 30, although its manufacturer will make a loss on each unit sold.
It's amazing what you can get for under five bucks these days. In India, you'll soon be able to get a smartphone with a 4-inch qHD display, 1.3 GHz quad-core CPU, 8 GB storage (expandable) and more.
