In Europe everything has a warranty of 2 years for private individuals and 1 year for businesses: it doesn't work as a useful metric: there's no device that I rely on that I expect to run for less than ~5 years, except maybe toothbrushes. That's great as a "it's illegal to make something attrociously low-quality", but I expect at least 5 years out of every electronic appliance I have, and there's no way to assure that, except private insurance, which is more expensive than rebuying the devices that end up being defected.
So, I buy the cheapest thing that ticks the other boxes. Not because I'm inherently cheap, but because I have no trust in the market. There's no way for me to know if I'd be paying extra for luxury features, brand premium, or reliability. Yes, I try to research things I buy, and avoid red-flags, but there's only so much you can learn that way, and most people don't have neither the experience, nor the know-how, nor the time to research everything properly to high exhaustion.