Microsoft has today unveiled two new "affordable" Lumia smartphones running its Windows 8.1 mobile OS, both Lumia 435 and Lumia 532 deliver smartphone experiences that help people do more on the go. The Lumia 435 and Lumia 532 smartphones will be arriving in India, Europe, Asia-Pacific, and in some countries across the Middle East from February. The Lumia 435 has a 4 inch LCD screen (480 x 800 px) similar to that of the 5xx series. The phone runs on Denim-enhanced Windows Phone 8.1 on a Snapdragon 200 chipset with a dual-core processor, 1GB RAM and 8GB of internal space. That's twice the RAM of the Lumia 520. Lumia 435 sports a 2-megapixel rear camera and a VGA front-facing camera. The Lumia 532 has almost the same hardware found in the Lumia 435. The difference is in the rear camera and instead of dual core processor Lumia 532 comes with quad core processor. The Lumia 532 has a 5-megapixel rear camera. Jo Harlow, corporate vice president for phones at Microsoft said: [quote_center author=""]With the Lumia 435 and Lumia 532, we've realized our goal of creating the most affordable Lumia devices to date, opening up the opportunity to reach those people who are buying a smartphone for the very first time. Lumia 435 and Lumia 532 deliver competitive hardware alongside innovative software that will continue to receive the very latest updates and enhancements, keeping users up-to-date with the best new features.[/quote_center] The Microsoft Lumia 435 has been priced at EUR 69 (approximately Rs. 5,100), while the Lumia 532 will be available at EUR 79 (approximately Rs. 5,800) before taxes and subsidies.