Microsoft fights for budget smartphone supremacy with its cheapest Lumia devices yet

Microsoft today announced the Australian availability of the Lumia 435 and Lumia 532, two new entry level Windows Phone 8.1 devices. The Lumia 435 (pictured above) will retail for AUD$129 and is Microsoft's cheapest smartphone launched locally to date (excluding sales).

The budget handset is a dual-SIM device boasting a 4-inch 800×480 pixel screen, a 1.2Ghz dual-core processor, 1GB RAM and 8GB of expandable storage. In terms of cameras, the Lumia 435 packs a 2 megapixel rear shooter and VGA front-facing camera.