Samsung seems to not only prepare Galaxy A7, because not long ago appeared a device code-named SM-E700H suspected as a cheap version of the Galaxy A7.
GSMArena reported, in contrast to the Galaxy A7 which has a 5.5 inch screen with a resolution of 1080p and supported chipsets octa-core 1.5 GHz Snapdragon 615, Samsung SM-E700H will have a 5.5 inch screen with a resolution of 720p and 1.5 GHz are supported chipset manufacturing is not yet known and will run on Android 4.4.4 KitKat.
GSMArena reported, in contrast to the Galaxy A7 which has a 5.5 inch screen with a resolution of 1080p and supported chipsets octa-core 1.5 GHz Snapdragon 615, Samsung SM-E700H will have a 5.5 inch screen with a resolution of 720p and 1.5 GHz are supported chipset manufacturing is not yet known and will run on Android 4.4.4 KitKat.
Samsung SM-E700H reportedly will be announced officially by the name Galaxy E7. This smartphone will reportedly be priced at 205 dollars, or about 2.5 million.
There is no information about the release schedule Samsung Galaxy E7, but the possibility of low-cost version of the Galaxy A7 will be announced in early 2015.