Nokia Lumia 510 pictured, pricing and specs confirmed

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.