How can Xiaomi Mi3 have such low prices with an awesome hardware ?

Jul 9, 2014
I was always intrigued on how Xiaomi was able to price such an awesome hardware so cheap? It doesn't make business sense at all especially with the likes of Samsung and Apple having double the prices for almost the same hardware.

But then I found out why and wrote this small article : Xiaomi Mi3 - How its priced?

Kudos to the founders & the fans ! Great phone & awesome price.