class=” size-full wp-image-2695 alignleft” src=”” alt=”Microsoft Reveals its Cheapest Smartphone Yet” width=”568″ height=”427″ />Microsoft have announced the release date and specs of its latest smartphone, the Lumia 430, which is set to be their most affordable smartphone yet. Alongside the release of Windows 10 this summer will be the release of the Lumia 430, which will be able to run on the new operating system.

The phone will be priced under £50, although taxes and other subsidies have not yet been accounted for in that price, which will bring it up slightly. The phone will have dual sim capabilities, containing two sim card slots, and will come in either orange or black.

In terms of hardware, the Lumia 430 will be very similar to the Lumia 435, with a 4 inch screen, a 1500 mAh removable battery, and a 1.2 GHz Qualcomm Snapdragon 200 processor. It will also feature a 2mp rear camera, which will have a fixed focus, and a VGA 0.3 mp front camera. In addition to its 8GB of internal storage space, the phone will have a microSD card slot, allowing you to add up to 128 MB of extra storage space. Microsoft also offers free cloud storage via OneDrive, of up to 30GB per user.

This new smartphone is a part of Microsoft’s attempt to gain more market share when it comes to the lower end smartphones. Although the specifications may not seem all too impressive, the low price justifies this, and it means that you could buy the equivalent of nine Lumia 430s for the price of one iPhone.

Microsoft is still planning on releasing a high-end Windows phone, but this won’t be available until the release of Windows 10 is complete.