But it means more mediocre android landfill, and less proper phones.
The improvement in low cost phones over the last couple of years is quite remarkable, so I wouldn't be too sad, nor would I regard these as landfill. I spent a whopping GBP 160 on my last handset after years of running successive Samsung S2, S3, S4 and S5s on the household fleet. The only compromise I've had to make is a camera not as good as the current top end Samsung offerings, the other hand I've got a better battery life than ***any*** Samsung smartphone. Playing honest broker, my display is lower res than current top end phones, but since I can't see the difference on a 5.5" display between QHD and full HD, I'm not worried. Even the maker's skin and customisation is so good that other than Nova Launcher I've stuck with the default.
Investigating the better offerings of the Chinese makers not actively promoting in your region may offer some very pleasant surprises. I suspect that these phones are why Wileyfox didn't achieve the sales they wanted.