After huge success of Asha series budget mobile phones, Nokia is all set to add two new cool members Nokia Asha 502 and 503 which were previously rumored as Pegasus and Lanai respectively. Said to be successor to Asha 501, Nokia Asha 503 will feature a 5 MP camera with LED flash and a capacitive (touch) back key. It is expected to have a 3.4 inch display, 512 MB RAM and a 1 GHz processor.
Expected release date: December, 2013
Expected price: Around $100
Specifications: One cool addition to Asha 503 is the 3G which was missing in previous phones of this series. It will be a dual-SIM phone with JAVA support.