Samsung announced the Galaxy Grand Prime which features a 5.0” qHD (540 x 960, 220ppi) display, a 1.2 GHz Quad processor, 1.5 GB of RAM, an 8 megapixel camera and 5 megapixel front facing camera plus a 2,600 mAh battery. The device will run Android 5.1 Lollipop with access to Samsung's services and apps. Expected to be available as an unlocked option starting tomorrowe, the Galaxy Grand Prime will be sold for $50 on a 2-year plans, or $250 contract-free.
Source: Samsung