Android 4.1 OS, MTK6589, 1.2GHz together with 2G RAM and 32G ROM, promises quite a fast operation speed; 5.3 Inch large IPS HD screen, ideal for video watching, game playing, picture browsing,

NEO N003 Smartphone

The NEO N003 is the world's first 1080p smartphone to sell for $149. That is one heck of a deal, but Neo haven't stopped there and have included a quad-core chip along with a 13MP camera at the rear. Of course gaming performance will suffer due to the high pixel count and the feeble graphics processor but users interesting in a high-resolution media consumption device would be wise to consider Neo N003 as an option. There is a catch though, NEO N003 Smartphone will only be for sale in China. International buyers interested in this phone will have to import it, but even with the shipping charges and import duties, Neo N003 will make for an excellent budget option.