A common issue that has been drastically faced over the past few years is the pricing of smartphones. This problem became tight when 4G LTE and quad-core processors were standardized.

While talking about the Android smartphones, the price is expected to come down within a year. Researchers in this field have unveiled the fact that by next year the smartphones which cost about $400 can be obtained for a much reduced rate of nearly $100.

Another surprising fact for the smartphone admirers is that the Google is taking steps to come out with a smartphones running on the Android platform for a much lower rate of $70. As per the company sources, this cheaper version of smartphone would come true by the first quarter of 2013.

Google and its Original equipment manufacturers and developers are working in concert to showcase a much cheaper Android smartphone with enhanced efficiency. The team is also focusing to upgrade the handset to make it a fastest one.