To recall, the company launched YotaPhone in India in 2014.
An official announcement of the new smartphone YotaPhone 3, which many have been waiting for three years.
The earlier versions of the YotaPhone also created a bit of a stir with the unusual provision of an e-ink display in the rear panel of the phone apart from the regular display in the front. However, sources have leaked a few specifications for the handset to Engadget. However, there is no news about the Indian availability and pricing.
According to a report by Engadget, the smartphone will be available in the early fall of this year in Russian Federation and China.
Talking about some key specifications, the report further highlights that the smartphone will come 4GB of RAM, a 12-megapixel rear camera with dual flash, 13-megapixel front-facing camera, 3200mAh battery and a USB Type-C port.
Russia's Telconet is still the largest shareholder with a 34.9 percent stake, while Russian state-owned corporation Rostec has 25.1 percent, with the remaining 10 percent held by MTH, Russian bureau TASS reports.
More details about the phone are expected to be out as the launch of the device nears.
The first YotaPhone was announced a couple of years ago and it was unlike anything on the market back then. Following investment company Baoli buying just 30 percent of the company rather than a promised 65 percent back in October 2015, a CEO reshuffle in July 2016, and a refusal of mass production funding from Baoli in March, the development and production of the Yota 3 has been help up numerous times.
Are you excited or intrigued by the prospect of the Yota 3, or is the phone's hardware simply too uninspired to capture your interest?