Taiwanese based phone maker BungBungame are in the process of developing a $299 Android smarphone with 3GB RAM, 2K display and 8-core processor.
The all glass and alloy phone, seen above next to an Asus Fonepad 6 and iPhone 5S, packs a 5.8-inch 2560 x 1440 WQHD display, 3GB RAM, 32GB memory and an 8-core processor (possibly a Mediatek MT6592 chipset).
The prototype in the video below sports a micro SD card expansion bay which will accept 64GB cards, 3.5mm head phone jack, 3000mAh battery and a micro USB for charging and and data transfer, the Project S also supports wireless charging too.
There are no details on when the BungBungame Project S will go on sale, but with hardware like this for just $300 it is sure to hit headlines once it goes on sale!
Thanks to Simon for the tip!