Neo N003 specification confirmed! Will be available in 2 models

Our sources at Neo got in touch with us this weekend with the latest on the flagship N003, confirmed details after the jump!

The Neo N003 will be going head to head with the UMi X2, JiaYu G4 and iOcean X7 when it launches later this month, and as far as we can tell, it looks like it's going to be a great, value packed phone!

Before we begin though, the Neo N003 isn't going to be a 1080 phone like the UMi X2 and iOcean X7, however the pricing is expected to be lower than these two phones, and the rest of the hardware is the same.

The N003 will go on sale in two versions, the 'Premium' model will get 2GB RAM and 32GB of built-in memory, while the 'Youth' model with have 1GB Ram and 8GB of memory. Both phones will sport a 5-inch 1280 x 720 screen, 3000mAh battery, quad-core MT6589 processor, 3 mega-pixel front camera and 13 mega-pixel rear!

The details which Neo sent us didn't confirm pricing, but from earlier reports the 'Youth' model is expected to be just 999 Yuan ($160) with the 'Premium' model costing slightly more.