Is this the Surface phone? Huawei Mate 9 Pro also teased

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The phone has been identified as a Dell "mini-tablet" with phone features apparently 

 

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It seems some-one did not think this was a complete fantasy, as Brad Sams from Thurrott.com has revealed the above device, leaked by Evan Blass, was an early Dell prototype of full Windows 10 running in a smartphone form factor, but with cellular connectivity, and that it would have used an early version of Continuum for Phones and a lap dock to enable full functionality.

 

As for the whole "Laptop CPU" thing 

 

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He reports the device was killed when Intel dropped its low-end Atom range but that we may see the idea resurrected with the much vaunted Surface Phone.

 

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As for the reasons why the phone was abandoned, very little is known so far, but it’s believed that bringing an Intel chip on phones is still a big challenge that manufacturers are yet to deal with. Cooling an Intel CPU without a fan in such a small body is still super difficult, while offering decent battery life continues to be impossible, especially if the end goal is to run desktop applications.

 

Sources:  https://mspoweruser.com/intel-windows-phone-identified-dell-laptop-phone-form-factor/

http://news.softpedia.com/news/the-leaked-intel-powered-windows-phone-was-not-the-surface-phone-509994.shtml