News Freedom 251 smartphone's CEO Mohit Goel says 2 lakh units ready to ship

Deepu

EntMnt Legend
Finest Member
The man who stunned everyone by announcing a smartphone for Rs 251, the world's cheapest, claimed on Thursday 2 lakh units of the phone are ready and will be distributed over a month.

The phone is from Taiwan and has been assembled in Haridwar, but 2 lakh is the maximum his company, Ringing Bells, can do right now, its founder and owner Mohit Goel told TOI. "If the project is not supported by the government, it cannot go ahead," he said.

But the limitation with his current venture is not stopping Goel from thinking ahead. "I am launching the cheapest 32-inch LED TV at Rs10, 000. There is no pre-booking for it," he said.

Freedom 251 smartphone's CEO Mohit Goel says 2 lakh units ready to ship - Times of India
 

Aviral Sangal

EntMnt Ambassador
Finest Member
First it was 50L units. Now he says he don't have money for more than 2L phones. He says cost is above 1200 and selling for 251 by installing 12 apps. So he means to say every app developer paid them more than 70 rupees? If they are paying then why not more units?
 
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