Nokia Lumia 520 review, price: Specs of the ultrapopular Windows Phone-powered device has made it the most famous Windows Phone-powered handset in the world. Its specs include a 4-inch IPS LCD display, 512MB RAM and 1Ghz dual-core processor. It’s great built and $199 price tag makes it a must-have.

According to WinBeta, 30% of the Windows Phone market is captured by the Nokia Lumia 520. This officially makes the Lumia 520, the most famous Windows Phone in the world. It’s popularity may just surge as it now has received the Black update from the company.

WinBeta describes the 520 as the “most affordable Windows Phone with a dual core processor” whose specs would meet the need of the regular user. It has ample storage (8 GB) with a 5 megapixel autofocus camera with 720 at 30 fps second video recording. The Nokia Lumia 520 also has a 1GHz dual core processor and 512MB RAM.

Phone Arena notes that it has fast mobile data support (4G). Though the specs of the Nokia Lumia 520 as a budget smartphone is definitely well-below what most devices have, the unit still delivers and is able to satisfy the average user.

In a review by GSM Arena, it noted that if you’re looking for a handset that covers the basics and then some, meets a low price point but still look classy and has an app store and other benefits of a Windows Phone-device then the 520 definitely gives an edge.

Some obvious disadvantage though of the 520 is that its camera lacks flash and has no front-facing camera. It has limited functionality in many ways because of low memory and a limited storage. It also has a smaller LCD display and an inferior imaging package, GSM Arena notes. According to the tech site the handset’s wide aperture lens had to go and the battery is of lesser capacity. Because the Lumia 520 only has 512 MB RAM, there are some apps that are just incompatible.

Despite everything though, the Lumia 520 shows enormous potential and can definitely be a unit that would deliver, as long as you won’t expect a lot from the budget device.

The Nokia Lumia 520 is a part of Lumia devices launched by the Microsoft-owned company to capture a good part of the emerging market. The successor of the Lumia 520, the Lumia 525 first launched in Singapore, then India. The 525 launch last December was considered one of the most important launches of Nokia.