Or perhaps you have.
I am talking about QX Micro Devices. **broken link removed**
If you have ever used or seen a solar-cell powered LED garden light, it will most likely utilize one of its ICs, QX5251/5252
The datasheet is appalling and has the barest details, but the minimalist IC concept is actually clever.
I saw the 97 cent yard lights at Walmart - they probably come 100 in a tray and there's a stack of at least 5 trays. Let's say 500 lights per store. In the US, there are 4177 stores, so if each one has the same stock, that's over 2 million just to stock WalMart! Things do get cheaper in volume
They must be losing money. Walmart sells a solar garden light for $0.99CAN which is $0.77US. It comes with a clear plastic lens and a plastic cover on the solar panel, both get sunburned and get cloudy then don't work in a few months. The solar panel is poorly sealed causing the electronics underneath to corrode away in a couple of months. The battery is little so either the light is dim or lasts only for 2 hours at night. The shipping probably costs another $0.77US.
There is a art form of copying some one's design, using questionable parts, ending up with a almost working product.
Price is hard to understand:
Five years ago, there was a import duty on batteries. (not on batteries in a product) We sold products at Walmart, with a battery inside for less than you can get a battery for.
We sold products for less than the cost of the parts. (and made money)
I do not understand the price.
Presumably you weren't paying as much as that for the parts?, that's how you made a profit.
As for the chip in question, it's presumably a simple chip - so fairly cheap to manufacture - obviously numbers need to be pretty high to get it down nice and cheap, but probably not as high as you might imagine. Once you reach a certain figure prices don't really drop much above that - and plants in China are set up for relatively small production runs, and quick changes to the next low cost job.
My daughter could perhaps make you one?, here's a picture she posted earlier today:
In the US: If I get one million 10k resistors and three 1k resistors there is a big price difference.
In China: our supplier pays 100 million price for both type of resistors. Volume pricing is counted differently.
Also: There is "China Friend" pricing. Our China supplier clearly pays a different price for the parts. I think a China assembly house gets their parts at no profit so the US assembly houses can not survive.