The first announcement from Lenovo was the budget Vibe K5 and Vibe K5 Plus smartphones. They share the same platform except for a few hardware differences. Considering its specs, the phones are well priced and will set you $129 and $149, respectively.

They both have a 5-inch display, but the Plus model has 1080p resolution and faster Snapdragon 616, compared to 720p and Snapdragon 415 in the basic model. Unfortunately, they won't arrive in the US.

Snapdragon 415 (Vibe K5), Snapdragon 616 (Vibe K5 Plus)

5-inch 720p display (Vibe K5), 5-inch 1080p display (Vibe K5 Plus)

2 GB of LPDDR3 RAM

16 GB native storage, microSD card slot

13 MP rear camera

5 MP fixed-focus front camera

Dual SIM slots, LTE connectivity

2,750 mAh user-replaceable battery

Android 5.1 Lollipop