Galaxy Note 3 Neo is a less powerful Galaxy note 3 with hexa-core processor. Yes, this is the first time we are seeing a hexa-core processor in a smartphone. The handset is not leaked but the spec sheet of it has popped out on the internet.

Galaxy Note 3 features a 5.5" 720p display, a 6 core core processor; 2 cores are clocked at 1.7 GHz and 4 are clocked at 1.3 GHz, 8MP camera, 2GB RAM, 16 GB internal storage and 3,100mAh battery. The handset also features a USB 3.0. Faux-leather back from the Galaxy Note 3 is also present on this device.

                           

                           

Therei is no release date of Samsung Galaxy Note 3 Neo but it looks like that the device will show up in MWC 2014.

Source: GSMArena