ARM predicts 1 billion "entry level" mobile devices by 2018, $20 smartphones coming soon

The new smartphone race is no longer a race to the top. The high-end markets are quickly growing saturated with Samsung and Apple devices, but there is still a race to be had in the low-end market. We've seen a number of new devices like the Moto G and Nokia X that are trying to offer users good performance at a low price, but ARM also has its sights set on the ultra-low cost market.

The idea seems to be that there are quite a lot of people out there who may want smartphones, but can't even afford the price tag around $100 to $200 offered by the Nokia X or Moto G. ARM still has ... Drop your comments and additions..Below