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Lumia 535 Release Date Nov. 26, 2014 in India, Rumors of New Microsoft Lumia 1030 or 940

Microsoft, having bought Nokia's mobile division and the Lumia, is set to release its latest offering in India on Nov. 26. The Lumia 535 is Microsoft's newest budget smartphone offering and is expected to come in single and dual-SIM versions.

Invites have already been given out by the company and reads, "Five days to magic of triple 5." The triple 5 Microsoft is referring to is the 5.0-inch screen and 5-megapixel front and rear facing camera. The Lumia 535 is also to feature free integrated Microsoft services like Skype and OneNote.

The 5.0-inch screen has a display resolution of 960 x 540 pixels. Inside the handset is a Qualcomm Snapdragon 200 chipset with a quad-core 1.2GHz processor. The 8GB interal storage space can be extended with micrSD cards of up to 128GB. It also comes with 1GB of RAM.

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Meanwhile, another rumored Microsoft Lumia phone is making its rounds in the Web. Leaks from a reputable Chinese source has pointed out that the new device will sport a 5.0-inch display and there are speculations that it could be either the new Microsoft Lumia 1030 or the Lumia 940.

The leaked images reveal that the device that the front panel is squared. The image also suggests that the device will have sharp edges and will get physical capacitive navigation buttons. Physical capacitive navigation buttons are unheard of as Microsoft's Lumia 535 has on-screen nav buttons and not physical ones.

The company is unlikely to release or unveil any high-end handsets for the holiday season and instead will be sticking with the Lumia 535 for now.

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