How expensive a Chinese smartphone can be in your wildest of guesses? Well , as per the latest launch, it can go way up to Rs 2 lakh! No, we are not joking, a Chinese company known as 8848 Phones has just launched a high-end luxurious smartphone with a price tag of whooping 19,999 Yuan, which roughly translate to Rs 1,95,705. 
Dubbed as 8848 Titanium Palace Edition, the smartphone is designed by the 8848 Titanium, a company known for making luxury smartphone, along with the Palace Museum of the Lost City of China (situated in Beijing) and designer Lawrence Xu. But what makes it so darn expensive? To start with, the smartphone comes with an 18K gold dragon sculpture embedded at the rear, which gives it a traditional Chinese look. Adding to this, the rear panel is crafted with lambskin. The phone is designed around the artworks inside the Imperial Palace in China and is available in black, gray, pink, and bright yellow colour variants.
On the specification front, the device does comes with some insane specs including a 5-inch full HD screen. The smartphone is powered by an Octa-Core Qualcomm Snapdragon (unspecified) Processor and comes with a 4GB of RAM and 128GB of internal storage. 
In the camera department, the phone sports a 21-megapixel rear camera, while for the front there is a whopping 30-megapixel front-facing camera for selfies and video calling. The device comes with dual SIM card and it is available in limited numbers, 999 units to be precise.
In an interesting fact, where on one hand, smartphone manufacturers are playing hard to lower the prices of their next smartphone, on the other hand, companies like 8488 Titanium belong to the opposite extreme launching the devices as expensive as this. Most of the world including India is inclined towards the other extreme, however, we are pretty sure there will be some people whose attention is what this company is looking to target. Are you one of those? Let us know in the comment section below.