The Galaxy Core Lite - model number SM-G3586V - features LTE connectivity, and a 4.7-inch display with only 480 x 800 pixels (thus being one of the few WVGA Samsung handsets to come with LTE). The new handset also offers NFC, a 5MP rear camera with LED flash, quad-core 1.2GHz Snapdragon 400 processor, 1GB of RAM, 8GB of expandable internal memory, and a 2,000 mAh battery. For some mysterious reason, the Core Lite won’t be running Android 4.4 KitKat at launch, instead shipping with the older 4.3 Jelly Bean.
Samsung will sell the Galaxy Core Lite starting this month on Taiwan, asking 7,988 TWD (about $266) for it. And yes, that is a bit more than we'd expected. At the moment, we don’t know if the Galaxy Core Lite will be available in other markets.
source: Sogi.tw (translated)