Microsoft-Nokia Launches Cheap Lumia Phones For Price Sensitive Consumers

Microsoft has announced two new Lumia smartphones - Lumia 435 and Lumia 532 that are powered by its Windows Phone 8.1 mobile OS and will beefing up its portfolio at the lower end of the price spectrum. These phones are targeted at emerging markets, which are currently dominated by budget Android phones . The prices for these new phones have been pegged at $80 for Lumia 435 and $90 for Lumia 532.