Japan got iPhone 5c clone - ioPhone5

ioPhone5 is a smartphone concoction by a Japanese company IOSYS, cloning Apple's iPhone 5c, which came out in September this year. If iPhone 5c was considered cheap, ioPhone5 way cheaper as posted in its maker's website.
While iPhone 5c sells for $99 for a 16GB model ($199 for 32GB) in the US, Japan has ioPhone5 for Y15,490 or roughly $150.

The initial prices for iPhone 5c in the US are based on a subsidy by US network carriers. The phone's unlocked version may sell for about $550.

Specifications (Specs) of  ioPhone5
CPU: MTK6572 (Dual Core)
Network: GSM850/900/1800/1900 WCDMA 850/2100 ※ 1
FLASH: 4GB (ROM) +512 MB (RAM)
SIM card: Dual SIM slot (Regular) ※ 2
External memory: MicroSDHC (up to 32GB)
Display: 4.0 inches FWVGA 854 × 480
Camera: Main 2.0MP, 0.3MP front
OS: Android 4.2
GPS: A-GPS
Wi-Fi: Correspondence
Bluetooth: Correspondence
USB connection: 5Pin MicroUSB
Earphone jack: 3.5mm
Size: 127.5 × 61.8 × 9.0 (mm)
Accessories: (White, red, blue, green, yellow) five back panel | battery, earphone, charge data cable, AC adapter, Quick Start Guide

ioPhone 5 Video:
ioPhone5 runs on Google's Android operating system.