Dual-SIM phones might not be incredibly popular in the United States, but in Europe and Asia there is a growing trend favoring such devices lately. That being said, Samsung did not want to miss the opportunity of pushing into this market niche, which is why the Koreans have unveiled the Galaxy Ace Duos less than a month ago and have already put the new phone up for sale.

Released in India for the time being, but also expected to hit Russia and Southeast Asia over the next few weeks, the Ace Duos is not exactly a looker, but it does come with a “more than fair” quality-price ratio.

Powered by an 832 MHz Qualcomm processor, the Indian Ace Duos only supports GSM networks and comes with 512 MB of RAM, a 5 MP rear-facing camera, 3 GB of on-board memory, a 3.5-inch touchscreen with 480 x 320 pixels resolution, WiFi and Bluetooth connectivity, a microSD card slot and a 1,300 mAh battery.

The Galaxy Ace Duos runs Android 2.3 Gingerbread with no Ice Cream Sandwich update scheduled for now, so in all, the 3.5-incher doesn’t come with anything special, but it features the basics and can be therefore called a standard low-end smartphone.

The best news regarding the Galaxy Ace Duos is that it features Smart Dual SIM functionality. In other words, you’ll be able to have two SIM cards active at the same time, switch between them in a matter of seconds and transfer calls from one card to another.

Ace Duos’ recommended retail price in India is Rs. 15,090 (around $270), but, if you decide to buy the phone real quick and act on that decision, you can get it from EBay India for just Rs. 12,900 ($230). That’s a more than decent price, if you ask me, considering what this fellow can do, so I’m sure that tech users across Europe and Asia will be welcoming it in their homes with much kindness.

Do you guys agree? Is the new Ace Duos worth its money? Are you thinking of buying it yourselves?