The current iPhone SE starts at $430 and will (probably) get at least 5 years of updates. If budget phone makers can't do something cheaper than the iPhone SE then surely their entire business model is just fucked?
>>plorky+(OP)
Economies of scale. The SE is basically the hand me downs from the mainline iphone and couldn't exist without it. It's not surprising that no name brands can't compete with the richest company in the world.