As we already saw two GR phones from them this year with it's probable sucesss last 2016, Huawei is still aiming to beef up their budget handset segment which is the Y series.
Via 1
No wonder that they unveiled the Huawei Y3 2017. On the specs table, it will really not create some fireworks like EMUI 4.1 Mini based on Android 6.0 Marshmallow, 1.1 GHz Mediatek MT6737M quad-core SoC, 5 inch FWVGA display, 8 MP AF primary camera with LED flash and f/2.0 aperture, 2 MP front camera, LTE, 1 GB RAM, 8 GB ROM, Bluetooth, WiFi, GPS and has 2,200 mAh battery.
No official words yet on the official pricing of Huawei Y3 2017 but definitely that it will be definitely for the ultra-budget target market.