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Correlation between cost and efficiency of smartphones

Geneiatakis Nikolaos

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Summary

In the last 3 years or so, there has been a sharp increase in both the performance and the cost of mobile phones. Most modern phones have such capabilities, that a decade ago, we never imagined they would be merged into one device.They can take photos, like a professional digital camera (DSLR) and they can also be unlocked and handled by the user’s face or by scanning his iris. Thanks to their fast processors, they can perform many tasks at the same time without any delay. Finally, they can charge their batteries wirelessly, without the need of a charger. But all these are features are costly to install on any device. The summary of these costs and all the features that a mobile phone includes, are subsumed in the manufacturing cost (or product cost). The relationship between the quality of the features used for construction and their cost are similar. The efficiency of the device increases as the quality of its characteristics is improved.Consequently, better quality is inextricably linked to higher costs. The present study, refers to smartphones and in particular investigates the relationship between the manufacturing cost and the performance of a smartphone. The main goal of the thesis was to discover an equation, in order to describe the correlation between the above factors. The purpose of this dissertation was to understand the existing handsets and to predict some of the future models that Samsung and Apple technology companies will launch, in terms of cost and performance.

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