Lava has announced a low cost Windows Phone smartphone Iris Win1 at Price Rs. 4,999. The handset comes with a 4-inch WVGA display, is powered by 1.2 GHz Qualcomm Snapdragon Quad Core processor, has 1 GB RAM, 1,950 mAh battery and 8 GB internal memory which can be expanded upto 32 GB via microSD card. It also features a 5.0 megapixel rear camera with auto focus and flash support, along with a 0.3 megapixel front facing camera. For connectivity, it has 3G, Bluetooth, GPS, and Wi-Fi.