Xiaomi Red Rice materials cost just $85, quad-core phone priced at $130

One of the most talked about phones in Asia is the Xiamoi Red Rice; the reason for the buzz is the remarkably low price of $130 for a handset using a quad-core processor with a screen offering a pixel density of 312ppi. Analytics firm Trend Force found that the phone has $85 worth of materials inside the device, led by the MediaTek MT6589 processor which accounts for 20% of the phone's manufacturing cost...

Source: http://www.phonearena.com/news/Xiaomi-Red-Rice-materials-cost-just-85-quad-core-phone-priced-at-130_id46906

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