'You gotta be kidding me!' I say this because, there seems to be no limit to how inexpensive smartphones can get these days. They are not particularly 'cheap', as they come packed with state of the art technologies inside. Beating Kogan Arora at its game, is the new Karbonn S1 Titanium. The mouthful name aside, it brings a quad-core Qualcomm 1.2GHz processor in a nicely styled package for a jaw-dropping price of 150 Euros. That does not break the 150$ price of Kogan Arora, but beats it with a faster processor. This phone is available for pre-order in India. You may find more details at their website - http://www.karbonnmobiles.com/karbonn-S1Titanium-proid-118.html