Microsoft on Wednesday announced the Microsoft Lumia 435 and Lumia 532 smartphones, the most affordable Lumia devices to date. Both smartphones come with the latest Windows Phone 8.1 operating system, the Lumia Denim Update, Microsoft?s Office suite (Word, Excel, PowerPoint and OneNote), Outlook for email, Skype integration and front-facing camera for Skype video calling, HERE location services, up to 30GB of free cloud storage on OneDrive, and access to apps in the Windows Phone store.

The Lumia 435 comes with a 1.2GHz dual-core Qualcomm Snapdragon 200 processor whereas the Lumia 532 has even more power with a quad-core processor. Both phones have a 1560 mAh battery, 1GB of RAM and 8GB of memory as well as the ability to house a micro-SD up to 128GB.

And when you want to capture photos quickly, the Lumia 435 and Lumia 532 come with Lumia Camera right out of the box.

The two new devices will be available in 3G single SIM and 3G Smart Dual SIM in these colors: bright green, bright orange, white and black.

The Lumia 435 and Lumia 532 will begin rolling out in February in select countries in Europe, Asia-Pacific, India, the Middle East and Africa. Pricing for the Lumia 435 is estimated to be 69 euros while the Lumia 532 will be around 79 euros.