If you want to sell a phone in the United States, it has to be approved by the FCC first. The same (kind of) goes for China, which has TENAA. A new Samsung device has just appeared in the TENAA database that looks like a lot like a Galaxy S4, no surprise there, but with a few modifications.

First, the display. It measure 5.25 inches across and has a resolution of 1280 x 720 pixels. Second, the camera. It’s an eight megapixel shooter on the back, two megapixel shooter on the front. Third, the processor. There’s a quad core 1.2 GHz chip in there, though no word if it’s from Qualcomm, MediaTek, or Samsung themselves. And finally, when it comes to Android, it’s said that version 4.3 is already on-board.

What can we deduce from this device, known only as the SM-G7106? Looking at the smartphone market in the West, it’s obvious that the high-end is rapidly approaching saturation. The market for people who can afford $600 phones has pretty much stopped growing. Now that being said, there’s a huge market of people who want a smartphone, but prefer one that comes in at $400, $300, and often at $200 or lower.

While I’m not suggesting this device is a $200 phone, it’s easy to assume that Samsung might call it something like the Grand II and sell it for $300. That’s the kicker here, I’m sure this is a great phone for the mainstream, but without a price, it’s impossible to judge.

Hopefully we’ll hear something sooner rather than later.