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Com.android.phone has stopped

I have been using Huawei Android phone for sometime. It has been working perfectly fine then one day, I was browsing the phone and doing random stuff, I got a very unusual message showing that process com.android.phone has stopped working. I pressed OK and restarted my phone to be on the safer side. Although i do not encounter this error frequently, but sometimes after weeks or so. Other than that, my phone is performing well.
Any thoughts about the error and its reasons? Is it serious?