Basic Bear, a budget iPhone inspired Android phone or an impersonator?

Over the past few hours a number of sites have posted details of the alleged budget iPhone caught on camera, is it the real thing or viral marketing for a new Chinese Android phone?

If you haven’t already seen the numerous online reports then let us fill you in. Alleged photos and video of the budget iPhone have been posted giving us the best view of the alleged device this side of an official launch! But is this really the real thing?

If you didn’t watch that was one very well edited video of the alleged budget iPhone, well at least the plastic rear shell and the screen. So is this the real budget iPhone or great advertisement for a Chinese Android phone which may (or may not look like the new iPhone)

At the end of the hands on we are treated to a brief look at the Android powered ‘Basic Bear’, an Android phone inspired by the look of the plastic iPhone but packing a quad-core Snapdragon 600 CPU, 8 mega-pixel camera and 2,300mAh battery.

Visiting the Chinese product page here, shows that the Basic Bear appears to be quite the steal at just 999 Yuan ($160), ‘Foreign’ customers are expected to pay $199 (1230 Yuan).

So what is going on here! Is the above video really a hands on the of budget iPhone, or are Chinese knock off makers attempting to go viral? Let us know your opinions in the comments below!