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The ultra-low-cost China-only Lemon 3 will be known elsewhere as the Lenovo Vibe K5 Plus, with an even cheaper Vibe K5 also official at MWC.
Lenovo claims to have a "knockout" on deck for an MWC 2016 introduction, and by the looks of it, it's probably the global edition of the Lemon 3.
The spectacular budget-conscious Xiaomi Redmi 3 has literally just been unveiled, and it already has competition - the $106 Full HD Lenovo Lemon 3.