Omega Lite a 5-inches Smartphone with 512MB of RAM for ₱4999! Are you kidding Cherry Mobile?

Cherry Mobile Omega Lite is a 5-inches smartphone with Android Kitkat operating system, 1.2GHz Quad Core Processor, 4GB Internal Storage but it only has a 512MB of RAM. It has a price tag of ₱4,999.

Cherry Mobile Omega Lite Specs

5.0-Inch Display (480 x 854 Pixels, 196 ppi)
Android 4.4 Kitkat OS
1.2GHz Quad Core Processor
512MB of RAM
5.0 Megapixel Autofocus Main Camera with LED Flash
2.0 Megapixel Front Camera
4GB Internal Storage
Expandable Up to 64GB via MicroSD
Dual SIM/Dual Standby
3G HSPA+, 2G EDGE and GPRS Networks
Wi-Fi and Wi-Fi Networks
Bluetooth
GPS
FM Radio

What do you think? Is there any special for this smartphone?
(source)

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