We
first heard about the Lumia 510 last month, in a leak that revealed that the low-end smartphone would sport a 4-inch display, have 4 GB of internal memory, and run on just 256 MB of RAM.

Those specs have just been confirmed by our own source, who also sent us the picture above and hinted that the initial
price
will be $150.
The Lumia 510 is aimed at targeting the entry-level
smartphone market
, and will likely start in China where smartphone ownership has nearly tripled since 2010.
The
device
will likely be available there in time for the holidays, and should hopefully see a global release in early 2013.
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