The Lumia 530 is rumored to be the next entry level smartphone from Microsoft owned Nokia featuring the latest Windows Phone 8.1 OS. It will be the successor to world’s most popular Windows Phone smartphone, the Lumia 520. The Lumia 530 will feature a 4.3-inch WVGA display with resolution of 800 x 480 pixels. Rest of the specifications are unknown but Microsoft is expected to launch Lumia 530 in the next few weeks. Stay tuned for more updates.