I spent more than $900 for my 64GB iPhone 6s Plus and more than $700 for my Samsung Galaxy Note 5. These high end smartphones are essential to my work so I personally find they are worth the high price.

However, after testing out a Gold Xiaomi Redmi Note 3 for a couple of weeks I believe these low priced Chinese smartphones may eventually help bring these prices down. ZDNet's Jason Perlow wrote last month that there was no way to stop the Chinese smartphone makers and after this recent test I'm convinced he's right.

The Xiaomi Redmi Note 3 has been out for several months, but the one I tested has a Qualcomm Snapdragon 650 processor instead of the Mediatek Helio X10 in the first device. Xiaomi announced this version in January and it just launched in India last week. The US equivalent price for the device is just $185, which is absolutely incredible