As someone who was born in one of those emerging markets, I have my doubts that people who fall in the economic category you mentioned would spend $170 on a phone. There are way cheaper options available, for as less as $40 which play music and FM -- perhaps the two requirements that people care about it. I don't think having apps is on the top of the list, but then, this is my (anecdotal) opinion.
And that's why you can configure it to use less RAM, to emulate lower-end hardware. (The emulation is imperfect, but it's certainly better than nothing.)
