This is Nokia's latest budget Lumia, the 510. Slotting in between the Lumia 610 and the Asha feature phone range, it's certainly budget-friendly—which is why it's being billed as a smartphone for the developing world.
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Source: http://feeds.gawker.com/~r/gizmodo/full/~3/YjwH71p5cUk/nokias-latest-lumia-is-certainly-cheap-but-not-too-cheerful
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