Samsung announced his Galaxy J1 in new clothes and name J1 Ace Neo. Phone itself isn’t bad for being a Samsungs cheap fone but price at the moment is mistery so we can’t talk about economics.
In comparison to old J1 Ace we get more RAM and Storage and stronger processor.
System: Android 5.1;
Screen: 4.3″ 480 x 800, sAMOLED;
CPU: Spreadtrum SC9830A;
RAM: 1GB;
Storage: 8(4,4)GB + microSD;
Cameras: 5MP rear and 2MP front;
Battery: 1900mAh;
Size: 130.1 x 67.6 x 9.5mm;
Weight: 131g;
Colors: Black, Blue and White.
Battery isn’t great but phones energy demand shouldn’t be gigantic too. I woldn’t be offended with more RAM because 1GB is absolut minimum to normal functioning of phone.
Reasuming: if price will be reasonable it will be very resonable choice for people not needing higher end models.

Source: Samsung