Cagabi, a new Chinese smartphone company would be releasing it first smartphone called, Cagabi One. It is expected to launch as the world's cheapest smartphone.

Cagabi claims that it has partnered with companies like Samsung, Sony, OV and LG and used their components in its first smartphone, the Cagabi One., The Droid View reported.  It will be an entry level smartphone that will be coming with a best camera in its price category.

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The Cagabi One comes with a 5-inch IPS OGS full lamniation screen supplied by LG. It offers an HD resolution of 720 x 1280 pixels. Its supports 450cd/m² brightness and produces 175-degree viewing angles. The display can be used with gloves on.

The screen will be protected will be protected by a hard glass that is similar to Shatter Shield available on Moto Droid Turbo 2 (aka Moto X Force). It is dubbed as G+F technology by the company. The exterior of the screen has Corning Gorilla Glass 3 and special anti-force protection layer, Gizmo China reported. The company claims that even if the Gorilla Glass 3 breaks, the anti-force protection would completely shield the screen.

Cagabi has not revealed the processor that will be powering the Cagabi One phone. Some sources claim that it would be coming in two models. The first variant would include 1 GB of RAM and 8 GB of native storage and the other one would be coming with 2 GB of RAM and 16 GB of internal storage.

For photography, it will be featuring an f/2.0 aperture 8-emgapixel rear camera from OmniVision that will be enabled with dual-LED flash. The front side of Cagabi One has a 5-megapixel camera from OmniVision that is equipped with selfie camera flash. More specs on the smartphone are expected to release as the Cagabi One release date draws near. It is expected to be priced lesser than $40 during its pre-orders.