low-end products are the cheapest available in a company's range of products, or in a market in general:
• the low-end PC market
— low end noun [singular] :
• This model has been developed for the low end of the workstation market.
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Ⅰ.
low-end UK US /ˈləʊend/ US /ˈloʊ-/ adjective [before noun] MARKETING, COMMERCE
► low-end products or goods are cheaper and more basic than other similar ones sold in the same market: low-end PC/product/model »
In an effort to undercut competitors, the company recently unveiled a low-end model that sells for as little as $360.
► used to describe a business that makes or sells cheaper products: »
a low-end retailer/store/competitor
Ⅱ.
low-end UK US /ˈləʊend/ US /ˈloʊ-/ noun [S] (also low end)
► the cheapest or bottom level of something: »
the low end of the market/price range/scale
Financial and business terms. 2012.