specs: quad-core MediaTek CPU 4.7 inch 720p screen (312ppi) with Gorrilla Glass 2 1GB RAM 4GB Storage with microSD slot expansion to 32GB 8 megapixel rear camera Price: $130 USD no contract http://www.engadget.com/2013/07/31/xiaomi-unveils-the-red-rice-smartphone/ Xiaomi increases its forecast from 15 million smartphones sold in 2013 to 20 millions. It is now valued at $10 billion USD. More than Levono. Is this something that will be common in the future? Great specs at under $200, unsubsidized?