India's $7 Smartphone Set to Disrupt World's Third Largest Mobile Market

An Indian handset maker will tomorrow launch the country's cheapest smartphone, in a move that's likely to disrupt its booming mobile market of over 200 million users. Called Freedom 251 and priced at under Rs 500 ($7), the handset is being manufactured by domestic handset maker Ringing Bells as part of the government's Made in India campaign, which promotes and encourages local manufacturing. The introduction of the handset, which is likely 3G-enabled, has received full backing from the country...