Beidou M1 will be a quad-core Qualcomm phone for just $112

Beidou CEO Tan Wensheng has revealed plans for his company to launch an all new low-cost quad-core phone based a Qualcomm processor with a low price of just $112!

Last year the company launched the dual-core Beidou Little Pepper for just 699 Yuan ($112) and are now hoping to re-enter this entry-level price point with a new quad-core phone. The Beidou M1 will boast a 4.5-inch 960 x 540 IPS display, 2 mega-pixel front camera, 8 mega-pixel rear camera and Android 4.1 Jelly Bean.

However, the processor at the heart of the M1 will be a Qualcomm MSM MSM8225Q and there will only be 512mb of RAM on tap for this low-cost device, which makes phones like the JiaYu G4 and Umi X2 all the more attractive with their better screens, improved rear camera and more RAM.