High powered Vernee Apollo (MediaTek Helio X20, 6GB and 128GB) will have a low price tag of $399.99.
Chinese smartphone startup has unveiled today the price of its flagship smartphone. The Vernee Apollo runs on MediaTek's newest high-end Helio X20 10-core CPU and comes with over the top configuration including 6GB RAM, 128GB storage and 21.0MP Sony IMX230 rear camera.
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The Apollo offers a 5.5 inch 2k high definition display. Vernee announced today that it will offer the Apollo globally for only $399.99. This is the price of the new iPhone SE with 4-inch screen and 16GB storage.
The Vernee Apollo is besides the Vivo Xplay 5 the only 6GB RAM equipped smartphone. The upcoming Samsung Galaxy Note 6 is rumored to have 6GB of RAM, but will for sure not sell for $399.99.
To put the Vernee Apollo into perspective. For the same price of an iPhone SE 16GB, the Apollo offers 8 times the storage and 3 times the RAM capacity the iPhone SE has. On top of that it has a large 5.5-inch screen with some sort of 3D Force Touch. Other features of the Vernee Apollo include USB-C port, 8MP front camera and fingerprint sensor. The Apollo will ship with Android 6.0 (Marshmallow).
Whether Vernee will make any money on the Apollo is unclear. The margins must be very thin.
The Verenee Apollo is supposed to ship within the next months. Initial reports placed the release in April, but that is not going to happen. In April Vernee releases the Vernee Thor with some sort of Uber integration. The compnany has not detailed yet what the Uber partnership means. The $129.99 Vernee Thor is a mid-range 5-inch Android phone running on 8-core MediaTek MT6753 1.3GHz CPU, 3GB RAM and 16GB storage.
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The Thor will be the first test for Vernee. Can the company live up to its promises and actually delivery high quality smartphones at incredible low prices? Vernee's aim with the $399.99 price for the Apollo is to shock high-end players. If Vernee can deliver on its promises Samsung and other Android smartphone vendors have a new player in the market to deal with.