Budget-conscious consumers have little to no chances of buying high-end devices, but Samsung aims to bridge some of that gap with its Galaxy Fame smartphone.

The Samsung Galaxy Fame is not exactly high-end, but it does sport something appealing for its price tag: it runs on the latest Android Jelly Bean operating system without breaking the bank. The phone's specs and features otherwise fall in line with its price tag, but the OS definitely spices things up.

The Galaxy Fame handset launches alongside its similarly budget-friendly sibling, the Samsung Galaxy Young. Both handsets run on Android 4.1.2 Jelly Bean software, offering a budget-friendly way to get the top-notch software with a not-so-high-end device.

The Samsung Galaxy Fame packs a 1GHz processor under the hood, coupled with 512MB of RAM. In terms of storage capacity, the handset offers 4GB for storing music, pictures and movies. The processor can deal with the basics quite successfully, but when it comes to more demanding tasks it may not be the best option. With more complex games, for instance, the processor will slow down, ignore finger movement and lag considerably.

Meanwhile, the 480 x 320-pixel display further reminds users that the Galaxy Fame is a budget smartphone. The battery is 1,300mAh, which is enough to last for a day. Battery-draining tasks such as playing games extensively or watching a lot of video, however, will require regular charging.

When it comes to camera, the Samsung Galaxy Fame sports a 5-megapixel shooter, quite decent for a wallet-friendly phone. On the other hand, the camera doesn't perform too well in low-light environments.

In terms of design, the Galaxy Fame and Young look identical. Both handsets have a home button at the bottom, accompanied by Android soft keys to launch the multitasking menu or go back. The light-up keys remain dark when not in use to conserve battery. The rounded corners give the handset a soft look, while a silver band around the edge adds a bit of style. The back of the handset is made of glossy plastic in various colors, depending on country.

Both the Fame and the Young handsets come in dual-SIM versions as well, allowing users to use two SIM cards at the same time with a single handset.

Bottom line: the Samsung Galaxy Fame is a well-done budget phone. The screen and processor are not top-notch, but the fact that it packs pretty much the latest software makes it stand out from other budget-friendly alternatives. The exact price, however, is not certain yet.