BARCELONA (Reuters) - Nokia unveiled a new, cheaper smartphone using Microsoft's Windows Phone software, targeting a wider market for its new range of smartphones.
Cheaper phones are crucial for Nokia and Microsoft in their battle to win a larger share of the market, analysts say. Nokia last year dumped its own smartphone software in favor of Microsoft's Windows Phone, which has so far had a limited impact due to the high prices of phones using it.
Nokia said its new Lumia 610 model would be priced at 189 euros ($250), excluding subsides and taxes, when it goes on sale next quarter. ($1 = 0.7428 euros)
(Reporting By Tarmo Virki)