It is the first low-end QuadCore Windows Phone, and at an affordable price of just below $100 (79euros)
The Lumia 532 probably signals the end to those forked Android Nokia devices (Nokia X, X2, XL...)
This 532 looks like it's taking over where the Nokia X series stopped.
For an affordable Lumia under $100, the specs are pretty impressive...
|Operating system||Windows Phone 8.1 with Lumia Denim|
|HERE location services||Free global HERE Maps and HERE Drive+Free HERE Transit available in the Store|
|Display||4” WVGA LCD 800×480|
|Processor||1.2 GHz quad-core Qualcomm Snapdragon 200 processor|
|Main camera||5 MP FF, Lumia Camera|
|Front facing camera||VGA|
|Memory||1GB RAM, 8GB internal mass memory + up to 30GB free OneDrive, micro SD up to 128GB|
The phone also comes in single SIM and dual SIM variants.
It will be available in Asia, Europe and the Middle East regions starting next month, February.
You can read more about it on Lumia Conversations
Or check out its Official Microsoft Product Page