Nokia Lumia 620 revealed, taking Windows Phone 8 to the budget market

Nokia has announced a new handset for the lower end of its Windows Phone 8 Lumia devices, the Lumia 620, which will start shipping in some countries from January 2013.

Nokia has revealed a new addition to its Lumia range of Windows Phone 8-powered smartphones in the form of the Nokia Lumia 620.

The device, announced on Wednesday, is the cheapest of the Lumia range and will cost around $249 (£155), making it one of the cheapest Windows Phone 8 handsets on the market.

Nokia has announced a budget entry in its Windows Phone 8 range, the Lumia 620.

Like its Lumia 820 and 920 siblings, the 620 comes with Nokia's own camera features (such as City Lens, an augmented-reality layer) and Cinemagraph, Maps and Music apps - additions aimed at helping Nokia to distinguish its devices from those of other manufacturers using the same OS.

Hardware wise, the device has a 3.8-inch WVGA (800 x 480 pixel) 'ClearBlack' display, 1GHz Qualcomm Snapdragon S4 Plus dual core processor, 8GB of onboard storage (plus 7GB of free SkyDrive cloud storage) and 512MB RAM.

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The device also offers a five-megapixel camera on the rear and a forward-facing VGA resolution camera on the front, for photos or video calling. It also has NFC capabilities.

Nokia said the phone will be released in the Asia-Pacific region, the Middle East and Africa from January 2013, followed closely by Canada and Europe.

It will be available in a range of colours (although not all colours usually make it to all regions) including lime green, orange, magenta, yellow, cyan, white and black.

Nokia's Windows Phone 8-based Lumia range is the company's best hope to make up ground lost to its competitors in the smartphone market since the company switched to using the Windows Phone platform as its primary mobile OS in February 2011.

On Tuesday, Nokia confirmed that it had agreed a deal to sell its Finnish headquarters and lease it back in order to free up cash.