The company, Yota Devices, says the YotaPhone offers two screens that can be used for different functions and purposes, Slash Gear reported Wednesday.
Phone users can use the LCS screen for normal phone functions and apps as well as watching videos or playing games, then flip the phone over to the e-ink screen to turn the phone into an e-reader for books or magazines.
Yota Devices says the dual-screen phone will be powered by a dual-core 1.5 gigahertz processor, and will come with 2 gigabytes of RAM and 32 gigabytes of storage.
A 12 megapixel rear camera will be included.
The Android-powered phone should be available from Russian wireless carriers next year, and Yota says it's negotiating possible agreements with European and U.S. carriers.