The company has been rumored to be exiting the high-end smarpthone market dominated by Samsung and Apple to attempt to dominate the low-end and emerging markets as they once did with Symbian.
According to Elop, the new device will be priced even lower than the newly unveiled Lumia 520, which will sell for just €139.
During their event this week, the company launched four new devices, two low-end Lumias and two non-Lumia phones, one that sells for just €15 phone. That mass market device will replace Nokia's 1280, which sold over 100 million units during its lifespan.
So far to date, the Lumia line has sold 14 million units.
Written by: Andre Yoskowitz @ 26 Feb 2013 19:56
