This phone is not for people who want the best technology. It is targeting those who greatly prefer the 4" size and/or the price-sensitive emerging markets like China and (especially) India.
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Great news, this is what I was waiting for. 4 inch is ideal for phone, I own iPhone6 but still have my old iPhone4 on my desk, had it for several years and now... the old guy is back just tuned up.
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