Pepsi’s first smartphone will be mid-range device called the Pepsi P1

I’m sure most of you were quick to dismiss that rumor from a couple of days ago, the one out of China that claimed Pepsi is working on its own smartphone, but now it’s starting to look like a real possibility. A more legitimate report has popped up, this one also out of China, and it gives us some actual information on the unannounced device, claiming that it’ll be a mid-range smartphone called the Pepsi P1, and will be priced at around $200 in China. As for the specs, the P1 will have 2GB of RAM, a 5.5-inch 1920×1080 display, and a 1.7GHz octa-core MediaTek processor.