Pantech Vega Pop-up Note phablet sold out in few hours

A few months after filing for bankruptcy, South Korea's No.3 smartphone maker Pantech has released a new phablet which has some really solid specs and a low price tag. Dubbed Vega Pop-up Note, the device has reportedly been a runaway hit, with the initial 300,000 units getting sold in less than half a day.

Featurewise, the device packs in a Qualcomm Snapdragon 800 chipset as well as a 5.6" 1080p display, 2GB of RAM, 16GB of flash memory, which can be further expanded via a microSD card slot. There's a 13-megapixel rear camera with LED flash and autofocus, 2.1-megapixel front camera, Wi-Fi and Bluetooth 4.0 LE adapters, and a removable 3220 mAh battery. There’s also a stylus that doubles as a digital TV antenna.

As for the price, the Pop-up Note retails for just 352,000 Korean won, or $317, and that’s not even including carrier subsidies, post which the price comes down to less than 200,000 Korean won, or $180. This compares to Samsung's Galaxy Note 4, which retails for 957,000 won, or $861, in Korea.