The Microsoft Lumia 550 is a newly announced smartphone that is targeted squarely towards the budget consumer who wants to have decent features on hand but also wants to preserve their bank balance. At $140, this is an eminently affordable device and it comes with all the features every smartphone user needs.
This phone is equipped with a 5-inch HD display, 8 GB of storage (which can be further expanded if you use a microSD card) and a 1,905 mAh battery. As far as the camera is concerned, buyers can choose between 5 MP and 2 MP versions.
The older Lumias were solid budget phones themselves, but with its bigger screen and upgraded specs, the Microsoft Lumia 550 is a clear improvement, and something anyone who's looking for a budget phone needs to consider.
Shoestring Budget Smartphones
The Microsoft Lumia 550 Can Be Yours For Only $140
Trend Themes
1. Affordable Budget Smartphones - The trend of offering smartphones with decent features at low prices presents an opportunity for companies to tap into the growing market of budget-conscious consumers.
2. Expanding Storage Options - The trend of providing expandable storage options in budget smartphones creates opportunities for companies to offer flexibility and convenience to users who require more storage space for their apps, photos, and videos.
3. Improving Camera Quality - The trend of enhancing camera quality in budget smartphones allows companies to cater to consumers who prioritize camera performance without breaking the bank.
Industry Implications
1. Technology - Technology companies can capitalize on the demand for affordable budget smartphones by developing cost-effective devices with competitive features.
2. Consumer Electronics - Consumer electronics companies have the potential to disrupt the market by offering budget smartphones with expanded storage options, appealing to consumers who require more space for their multimedia content.
3. Mobile Telecommunications - Mobile telecommunications companies can leverage the trend of improving camera quality in budget smartphones by promoting devices with impressive camera features to attract customers seeking affordable options with good photography capabilities.