Affordable smartphones will make up the majority of sales by 2017 as consumer gravitate toward entry-level devices, according to a study from research firm Informa.
Informa said that 52 percent of smartphones will be priced below $150, underscoring demand for the devices from the emerging markets.
That marks a dramatic shift in the smartphone market now, which is dominated by super-smartphones priced at $200 or higher. The Galaxy S III and iPhone 5 start at $200, but devices such as the Droid Razr Maxx HD retail for $300, and the iPhone 5 quickly escalates when adding in more storage space. … Read more