The price points of smartphones have been falling down drastically since the inception of Android. Right now, you buy a decent Android smartphone with 3G and Wi-Fi capabilities for as low as Rs 4,000 in India. But as per ARM, consumers might be able to buy Android smartphones for as low as Rs 1200 ($20). ARM is the company which is the driving force behind designing processor architecture which are used in almost all the smartphones being sold worldwide.
This price is revealed from a slide from ARM's Tech Day which was being reported by AnandTech. The slide estimates the price of a low cost smartphone based on single core ARM Cortex A5 processor. The slide also compares the price of Firefox OS powered low cost smartphones which had to cut down on RAM to hit that price point. Although these smartphones won't be able to satisfy tech enthusiasts but it would be more than satisfactory for first time smartphone users or first mobile phones.