Bloomberg BusinessWeek, Feb 22, 2016 (I)

choi

(1) Bruce Einhorn and Arun Devnath, Cheap, Not Dump (under the heading "Hardware").

text: "Made-in-China handsets that sell for less than $100 dominate the market in places like Bangladesh, Indonesia, and the Philippines

[a] The matchup

Symphony Xplorer V80[;] The best seller in Bangladesh .......................Apple iPhone 6s
$86 ...........Android 5.0 Lollipop ……………………………………………………………….$912 …….iOS 9
..................4.7-inch display with 234 pixels per inch …………………………………………….4.7-inch display with 326 pixels per inch
..................8 megapixel main camera, 2 MP back ………………………………………………...12 megapixel main camera, 2 MP back
..................1.3-gigabytes quad-core processor ……………………………………………………..A9  1.85-gigabytes dual-core processor
..................1-gigabyte RAM ………………………………………………………………………………...2-gigabyte RAM
..................8GB storage ………………………………………………………………………………………16GB storage
..................3G, Edge, and Wi-Fi …………………………………………………………………………..[4G] LTE, Edge, and Wi-Fi

The impact
"Handsets priced at less than $100 as a share of global shipments."

2012 ........~6%
2013 ......~15%
2014 ......~21%
2015 ......~24%

[ii] heading: "The phones' popularity in emerging markets has lowered the average smartphone price."

Average 2015 smartphone selling price $240 Emerging markets
..........................................................$453 Developed world


Note:
(a) "Arun Devnath is a reporter for Bloomberg News in Dhaka."  Bloomberg
(b) The above is the report in toto, whose text has few words.
(c) Though the report mostly talks about "handsets" and "phones," it clearly deals with "smartphones," judging from the illustration of Symphony Xplorer [with colorful content in the display] and the heading.

(d)
(i) Symphony Mobile is based on Dhaka, Bangladesh.
https://symphony-mobile.com
("Contact")
(ii) I can not find Chinese name of Symphony Mobile.
(iii) China-Made Mobile Phones Help Bangladesh Telecom Boom. China Daily, Oct 10, 2013

identified products of Symphony, among other smartphone companies, as China-made.
(iv) It is thus unclear whether Symphony is Chinese-owned.

(e) Edge or EDGE stands for Enhanced Data rates for GSM Evolution "that allows improved data transmission rates."  Wikipedia