FairPhone 3+ is £399 on FairPhone store
Xiaomi RedMi 9 is £99 on Amazon Amazon.co.uk
Both have 4GB RAM / 64 GB RAM / Android 10 there are some differences spec-wise but overall they are pretty similar spec.
I have a FairPhone on its way at the moment which im very happy and I know the answer really is buy with your conscience and decide whats important to you.
However, after seeing the RedMi at this price today I think its startling how large the price disparity is between the two.
It got me remembering about this article by the wired The Fairphone 3 actually has 2019 smartphone specs | WIRED UK in which they dubbed the FairPhone 3 having hit a milestone hitting the “under £200 ethical premium” compared to the just released similar spec Moto G7 at the time.
It seems now from the Redmi 9 vs the FairPhone 3+ you are paying 4X.
Now obviously I have cherry picked data to make a point, but I would really like to gain some insight into the price differences.
A simplified way to look at it could be that FairPhone pay workers 4 x the amount as the other non ethical phone companies do, but im sure the premium isn’t that high and it would be foolish to think it was as single pointed as this and also there are economies of scale to think about which FairPhone being a smaller company and Xiaomi being massive now. Also there’s the fact that FairPhone are only taking a 1% profit out of this compared to Xiaomi who are obviously just out to make their shareholders money as the main priority.
Is there some sort of comparison of say, if FairPhone were to make the FairPhone 3+ the standard non ethical way in terms of materials and labour would it really turn out sub £100?
I have read the FairPhone impact reports so im aware of the approximate breakdown of previous FairPhones in terms of costs.
A costs estimate I have thrown together in 5 minutes as a ballpark (non going to be accurate as no one really has all the info here)
FairPhone 3+ £399
R & D £40
RedMi 9 £99
R & D £20
So my question is, do FairPhone address this with any articles or videos on their site or socials.
Also how to FairPhone plan to remain competitive, especially with the prices of non ethical phones dropping all the time, does FairPhone have a public roadmap for the future.
Thank you for reading my post, hopefully it doesn’t come across that im anti FairPhone, rather im wanting FairPhone to grow and become accessible to more and more people with limited budgets whilst upholding working conditions in the supply chains.