Philips announces to build a mobile phone that will only cost $5 to build and can be sold for $20 to consumers in developing countries.
The ultra low-cost Nexperia Cellular System Solution 5130 will be sampling in Q4 2005. The low-cost phone will have a black & white screen and will be able to play polyphonic ringtones.
More details on Philips.
77 percent of the world’s population lives within range of a mobile phone network, but only 25 percent of the world’s population subscribes to a mobile phone service (Sourc es: World Bank and EMC).
Don't Miss: Sam's Club Black Friday 2016 Details
Don't Miss: Incredible Pokemon Gifts