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Vernee, the newest entrant in the Chinese smartphone brands, has gathered a lot of attention with its flagship Vernee Apollo smartphone that was recently launched at $400. The Vernee Apollo came with high-end features and was the cheapest smartphone with 6GB of RAM. But Vernee has outdone itself with 'Lite' version of the Apollo, which retains the powerful Mediatek Helio X20 chipset and offers 4 GB of RAM for just $200. The Vernee has also launched Thor another ultra low-cost smartphone priced at $130 and sports competitive specification.   Vernee Apollo Lite features a 5.5-inch Full-HD display at 1080×1920 pixels with 401ppi while the Vernee Apollo comes with a 5.5-inch 2K display (Personally we feel anything above 340ppi is almost indistinguishable to most users).Vernee Apollo Lite comes with an all metal uni-body design, just like it's bigger sibling Apollo but with minor design changes. It looks similar to Apollo but the fingerprint sensor and rear camera module

Ringing Bells, a seemingly unknown company has created quite a buzz among India smartphone consumers by launching a smartphone that costs Rs. 251/- only. Touted as the world's cheapest smartphone, Freedom 251 is offers a decent package at price that is cheaper than a decent smartphone case.  For those who haven't heard, Freedom 251 is powered by a 1.3GHz quad-core processor (exact SoC is not yet known, most probably it's a Mediatek with ARM a7 cores), and sports a 4-inch qHD (Quarter HD not to be confused by QHD which is Quad HD) IPS display. It comes with 1GB RAM and 8GB internal memory, which can be expanded up to 32GB via microSD card. It also features dual cameras, the a 3.2MP rear shooter with LED Flash and a 0.3MP front shooter. The phone comes with Android 5.1 Lollipop, and packs in a 1,450mAh battery. Connectivity options include Dual SIM 3G, WiFi 802.11 b/g/n, Bluetooth, and GPS. Agreed, these are not the kind of specs to boast about, but the sub 4$ price