The smartphones landscape has seen some major changes this year, with the launch of smartphones packed with same features that are available in products from established brands.
But has this been enough to shift people away from buying "premium" flagships? Not according to LG.
Companies like Micromax, Motorola, Xiaomi are continuously launching reasonably priced phones with high end specs, but the established brands like LG, Samsung, and the likes are not seen trying to reinvent themselves.
Here is a complete price and specifications comparison chart of LG G3 vs Xiaomi Mi3.
2014 has been the year of the Great Smartphone Price Wars. Indian smartphone brands such as Micromax and Karbonn were among the first to realize that competing on price is the key to success in the country. And now there are many such companies tapping the Indian mobile users market with this strategy.
What makes it even more interesting is that phones from Motorola and Xiaomi are only available through a single sales channel in India - online retailer Flipkart.
Look out for more such "reasonably priced phones" in the coming times!