Huawei introduced low price 4G-LTE mobile phone Ascend Y550.
Image
Ascend Y550 More details:

Processor: 1.2 GHz quad-core
Operating System: Android version 4.4.2 (Kit Kat)
Weight: 153 grams
Resolution: 480 x 854 pixel
Internal memory: 4 GB
RAM: 1 GB
Card slot: microSD. 32 GB
Camera: Primary: 5 MP, 2592 x 1944 pixels, auto focus, LED flash, Secondary: 2 Megapixel
Connectivity: 3G, 4G, Wi-Fi 802.11 b / g / n, DLNA, hotspot, Bluetooth 4.0, a 2 DP, LED, A-GPS, GLONASS, FM, Micro USB B 2.0.
Battery: Li-Ion 2000 mAh
Price: 170$ US Dollar.