Nokia (NOK +1.9%) has officially unveiled the Lumia 625. As expected, the phone contains a 4.7" display sporting a mere 800x480 resolution, a 5MP camera, 4G, and a dual-core, 1.2GHz., Qualcomm Snapdragon CPU. It'll arrive in Asia, Europe,and Latin America in Q3, and will sell for €220 ($290). Engadget found the 625's performance solid, but called its display "pretty disappointing." It looks as if Nokia's goal here is to take on Chinese OEMs such as Huawei, ZTE, and Lenovo, who are doing brisk business in many markets (and pressuring Nokia's feature phone sales) by selling cheap, no-frills, Android phones, some of which pack large displays. (yesterday)
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