Microsoft is set to unveil its latest smartphone offering, the Lumia 550, before this year ends. Recent reports claim that this new handset is now available for preorders in some online phone retailers, including Carphone Warehouse. The device is also expected to be officially released on the 8th of December.

The Microsoft Lumia 550 has been revealed by the company last month alongside the high-end flagship smartphones, Lumia 950 and 950 XL, as reported by Phone Arena. However, some details were only shared about it, since the focus was on the premium devices.

Nevertheless, numerous reports about the Lumia 550 are now surfacing online. The handset sports a 4.7-inch LCD screen with 720 by 1280 resolution and a pixel density of 314ppi. Under the hood, it is powered by Qualcomm Snapdragon 210 processor clocked at 1GB of RAM along a quad-core 1.1GHz CPU and Adreno 304 GPU.

In addition, it includes 2100mAh battery and 8GB of internal storage expandable through a micro SD card. Camera wise, it boasts a 5-megapixel rear shooter and a 2-megapixel front snapper. This brand-new Microsoft smartphone will also run on Windows 10 Mobile operating system right out of the box.

This newest addition to the smartphone lineup of the Redmond-based company is a low-end device packed with impressive features and specifications. So, if one is looking for an affordable handset, unlocked, and has free SIM, then preorder to Carphone Warehouse now. It will be priced at $137, but installment options offer as low as $11.42 per month.

On the whole, the Microsoft Lumia 550 is absolutely a budget-friendly and promising device, which is perfect for everyone. In case one is in a tight budget and wants a decent smartphone, then this is the ideal handset to choose and purchase. Hence, all Microsoft users and spectators can now preorder for this innovative device is set to arrive on December 8!