The device has 5 inch IPS HD display, 1.2 GHz Qualcomm Snapdragon 200 quad-core processor with Adreno 302 GPU, unknown MP for rear and front cameras, 1 GB RAM, 8 GB ROM, HSPA+ connectivity, dual sim, WiFi, Bluetooth 4.0 and 2,000 mAh battery.
No official info yet on it's pricing but expect that this phablet will come on yellow, cyan, red, lime and ivory.