Telecommunications company Yota Devices has developed a smartphone that will be introduced at the Mobile World Congress in Barcelona in February of next year.
Yota Devices CEO Vladislav Martynov said Wednesday that the device with a 12-megapixel built-in digital camera will work with GSM and 3G networks and support the fourth-generation LTE standard, Vedomosti reported.
He added that the new Android-based mobile phone was the result of two years of development and "millions of dollars" spent on its design and software, the report said.
The new phone's main feature is the second 4.3-inch black-and-white LCD screen on the back panel based on the e-ink technology used in modern text readers. It requires less energy and can be used constantly for displaying text and e-mail messages, reading texts or viewing graphic images without using the main screen, Vedomosti said.
The new phone will be assembled by "a major Asian manufacturer," Martynov said.
He added that Yota Devices plans to begin sales of the new phone at the price of about 20,000 rubles ($650) in Russia in the third quarter of 2013 and make it available to foreign buyers by the end of the year.