According to talk out of China, the Pepsi P1 will feature a 5.5-inch screen, with a 1080 x 1920 FHD resolution. Powering the unit is the MediaTek MT6592 SoC, carrying a true octa-core 1.7GHz CPU, and an ARM Mali-450 MP4 GPU. 2GB of RAM is inside, along with 16GB of native storage. A 13MP camera can be found on back, with a 5MP snapper on front. The 3000mAh battery keeps the fizz from dying, and Android 5.1 is pre-installed.
The Pepsi P1 is expected to be priced at the equivalent of $205 USD. Obviously, the soft drink company isn't getting into the business of manufacturing handsets, and has probably licensed its logo and name to a Chinese manufacturer. Considering that the brand is known throughout the world, this could turn out to be quite profitable for Pepsi without the company having to layout much cash.
source: tech.sina.com (translated) via Mobipicker