Yes, folks, you read that right. There’s the original Galaxy Grand, the just announced Galaxy Grand 2, and in a couple of months, there will be another Galaxy Grand sandwiched in between, dubbed the Galaxy Grand Lite (GT-I9060), according to one of our insiders. The device will be showcased at the MWC in late February, and is something of a cross Grand and Grand 2 – it will have a 5-inch WVGA screen, 1.2GHz quad-core processor, 1GB of RAM, 8GB internal storage with microSD slot, and a 2,100mAh battery.

Where it differs is the camera and Android version. The camera is expected to be a 5-megapixel unit on the rear and a very standard VGA camera on the front; our insider says the phone will run on Android 4.2 Jelly Bean – that’s probably just temporary, and the final product should have at least Android 4.3 out of the box. Dual SIM support is pretty much a given as well, as the Galaxy Grand has been a success in markets where phones with two SIM slots are quite popular (such as India and China), though that’s something we can’t confirm at this point.

The Galaxy Grand Lite will be available in white, “Midnight Black”, “Lime Green”, and orange, from somewhere around the fifth week of 2014 (a couple of weeks before the MWC showcase). Why is Samsung making a Galaxy Grand Lite? Well, that’s a tough question to answer – it looks like the Korean company is taking things a step further when it comes to having multiple variants of their devices, this time extending the tradition to a device that comes somewhere in the lower mid-range spectrum of the market. It’s not a move that makes any sense to us, but hey, we aren’t making the decisions over at Samsung HQ.

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