Back in 2012, if you compared a budget phone to a premium phone, you’d likely see a spec/features breakdown like this: The comparison was simple: Twice the money bought you a phone that was, statistically speaking, twice as good. But with Chinese manufacturer Xiaomi’s ascendance, the following type of comparison is becoming increasingly common: The Xiaomi Mi 3 is less than half the cost of a Galaxy S5, yet boasts nearly identical specifications, even edging out Samsung’s flagship phone in a few categories, including display sharpness and standby time.