Is this news real? Very much. Seems like soon there’ll be Pepsi-branded Android phones all over the place. As if the fizz wasn’t enough already. The new smartphone called Pepsi Phone P1 is already available for $78in China through a crowdfunding website named JD Finance. The smartphone has been manufactured by a Shenzhen-based Scooby Communication Equipment Company. Pepsi had announced its plans to enter the smartphone segment just last month! Wow, that’s fast.

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The phone runs Koobee’s customized Android 5.1 Dido OS with a Pepsi out-of-the-box theme. It features 5.5 inch curved 2.5D display with 1080p Full-HD resolution. It’s powered by an octa-core MediaTek M6592 processor with 1.7Ghz speed and Mali 450-MP4 GPU, and has 2GB RAM and 16GB built-in storage, extendable to 64GB via microSD. For camera there’s a 13-megapixel shooter in the rear and 5-megapixel shooter in the front. For added security purposes, there’s even a finger print scanner located below the rear camera. The battery holds a 3000mAh battery. The sleek aluminum metal body even features the signature logo of the company.

There are two variants in Koobee’s Pepsi Phone crowdfunding campaign – P1 with TD-LTE and TD-SCDMA radios for China Mobile, and P1s with additional FDD-LTE plus WCDMA radios for china Unicom and other parts of the world. For the $78 price tag, it was no wonder that the limited stock of 1000 P1 smartphones got sold out in s short span of time. There’s still a chance you may grab the slightly advanced P1s model though.

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The campaign will last until December 3rd to try and reach its goal, and going by the current participation (less that 50% as of now), the result may not be as bubbly as its aerated soft drink.

For more updates, follow the crowdfunding campaign here.