A cursory look at the ZTE Grand S might leave you worrying that it will fetch quite the premium for that 5-inch screen, LTE and quad-core performance. Not so, according to mobile division lead He Shiyou. He estimates that the smartphone's price in mainland China will hover between ¥3,000 to ¥3,500 ($481 to $561), depending on market conditions -- a reasonable bargain for a high-end model expected to ship before the first quarter of the year is out. We're just left wondering whether the value-minded pricing will hold if and when the Grand S goes on a world tour.