I haven't had one of these solar lights apart.... I just shake my head at using a single nimh/nicd cell to power solar lights. They must do this just to save money (profit) making the lights as the efficiency lost through a boost circuit wastes perhaps 1/3 to 1/2 the power collected to the battery. 3 cells would be more ideal but then they would have to have a higher solar voltage output to charge them I guess.
Not sure where the 1/3 to 1/2 came from, was that just made up?
Can't say I've checked efficiency of some of these boost circuits but
the electronics are cheap. I am guessing 75% or better is being
achieved. Some cheap solar lights use an IC for power control.
A single cell has advantages over 3-cell. The number of cells plus
contacts are reduced. In some cases the energy storage is more
right-sized for one cell, as 3AA is overkill. Since NiCd are still used
and not always disposed of properly, keeping cell count and volume
down helps.
The number of solar cells is minimized to 4. For 3-cell it is 10-12.
The assembly is less complex (reduced cost) and connections
between cells fewer , which helps reliability.
Series cells, especially cheap ones that are not matched for
capacity (graded) have the problem that eventually the weakest
cell will fail (short). That usually results in the other two getting
tossed even though they are still good; even worse, the whole
device thrown out if it is cheap.
So yes, some of it is lower cost, but that can be passed on to
the buyer in a competitive market.
Dave