Samsung officially announced their new Galaxy thing, specially named Galaxy Core Lite, code-numbered SM-G3586V in Taiwan. The handset seems intended for low-market judging from the specs include a 8 GB internal storage, a 5MP main camera and only 480 x 800 px display resolution on a 4,7 inch screen and offers Android 4.3 (JB), and what happen with the KitKat on the Galaxy Core Lite is the biggest Q here.
However, it offers LTE connectivity for Taiwan 4G frequencies that may be the one good deal in this Core Lite Galaxy to attract buyers. And a 1.2 GHz quad-core processor with a support from 1 GB of RAM is generally strong enough to run Android 4.3 and all its supported apps, moreover its assembled by well-known smartphone maker in this galaxy.
In the Asian phone market, we can find the smartphone with almost the same specs for about $100 to $120 with dual-on dual-SIM (CDMA 3G EVDO - GSM) slots but without LTE and only with 1700mAh battery, and this Samsung Galaxy Core Lite mentioned to be prized for approx. $266 in Taiwan.