When Google announced Android 4.4 KitKat, it was meant to be optimised for devices with as low as 512MB RAM. It wasn't intended for devices with older specifications but was instead meant to run smoothly for newer devices with lower set of specifications. Samsung intends on launching an entry level device soon with the model number G310 and it will run on Android 4.4 KitKat.
It has been certified at FCC and undergone the Nenamark 2 benchmarking test. There's a user agent profile (UAProf) of the device as well and has shown up on import manifests on Zauba.
The entry level smartphone is expected to come with a 4-inch WVGA display with a resolution of 800 x 480 pixels. Powering it will be a Broadcom BCM2763 chipset which will have a 1.2GHz dual-core processor based on Cortex-A9 architecture. The VideoCore IV GPU will be taking charge of the graphics department. Giving it the juice will be a 1,500 mAh battery and it will measure 121 mm in terms of length and 62.7 mm in terms of breadth.
It will get single as well as dual-SIM variants and there will be Wi-Fi 802.11 b/g/n, Bluetooth 4.0 + LE and NFC on offer too for connectivity. The device has not had its pricing or its launch date leaked, but the very fact that it has showed up on so many places at once hints towards the fact that the device might be gearing up for a launch soon.