Cheaper smart phones hold out the potential for market leading MNOs to expand their market share, but will also create space for traditional financial institutions and third party over-the-top players to enter into the digital finance space. This sort of increased competition will undoubtedly be a good thing for consumers, offering choice and an enhanced user experience.

Xiaomi, pronounced Shiao-Me, is one of those underrated, under-promoted but quite advanced cellphones that will keep your budget safe from unnecessary waste. Some say this brand is the Apple of china, offering a pretty good level of quality not for a burden of a price.

Xiaomi’s high end model is now the Mi4, but before that we had the Mi3 which offers specs similar to those of most of 2013’s Android flagship models. Xiaomi comes with a 13MP camera, 2GB of RAM, 16GB of internal storage and a 5-inch 1080p resolution display.

Huawei G520 3G Android smartphone is a pretty good looking one and it also has a 4.5 inch screen, which is a reasonable dimension for the good price you get. Huawei G520 comes packed with Android 4.1 Jelly Bean so if you’re not that technology geek who knows all about the yet unknown great upgrades in technology, Jelly Bean 4.1 will do a fabulous job for you.

The phone uses a touch screen keypad to capture user input, which is standard on most modern smartphones. Huawei G520 comes with a CPU which runs at 1.2 GHz and it has 512 MB of RAM. You can also benefit from a 0.3 megapixel front camera and a 5 megapixel primary camera.

The cellphones market is bursting out with cool, vanguard and pretty expensive devices that make us sacrifice a good deal of our finances for a taste of high technology. There’s no good news without the bad one too, so you shouldn’t fool yourself into believing you’ll get the same quality and advanced features for a bargain price. On the whole, there are nevertheless some good choices you are invited to take into account, if you plan on spending some money on a good cellphone.

Related reading:MBBS in china  3g smart phones