word is that the smartphone may be announced sometime next month, with a summer launch. Now it is worth noting that this is not exactly a high end device, as the rumors point to the (4.5 or 5 inch) smartphone being powered by a Qualcomm Snapdragon 400 or 600 processor. But the company is said to be aiming to launch it for €300 outright in Russia, which translates to $415. And chances are that price in other markets will probably be quite a bit lower.]]>
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