New Version of YotaPhone with two screens will appear at the end of 2017

The third version of the YotaPhone, a Russian smartphone with two screens, will appear at the end of 2017 on the market.

The development of the device is shifted from Russia to China and has a delay brought with it, reports anonymous sources. The YotaPhone 3 would be developed by Coolpad, a major Chinese smartphone manufacturer. The device will first be available in China, although the European market won’t be ignored as well, the company said.

The first YotaPhone was released in 2013 and in 2014, the YotaPhone 2 was placed on the market. The device looked like a regular smartphone in the front but had an e-ink screen on the back. This screen could be used, inter alia, to read books.

Despite its unique appearance, the YotaPhone has never really caught on. According to the sources, only 75,000 copies were sold in the first two versions.

RUSSIAN IPHONE

The device was touted as the “Russian iPhone” by the Russian premier Dmitry Medvedev and President Vladimir Putin. A Russian sovereign investment fund has bought 25 percent of the shares of Yota Devices. However, 65 percent of the company’s shares is owned by an investment firm from Hong Kong. Apparently, Yota is gradually growing its presence in China.

The handset will allegedly have a price tag of $550, which is in the same range as its predecessors.

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