If the report by the trusted leakster, @Evleaks is to be believed, there are several Nokia Lumia devices, especially in the budget and phablet category that are lined up for a release between now and the end of the year. One of such devices is expected to be the Lumia 530, which would be the successor of the Nokia Lumia 525 and 520. The 520, currently is the most affordable Lumia device in the market.
It does look as though we are not too far away from the launch of the Lumia 530 now, as pictures of the device have surfaced thanks to WMPoweruser. The device in the image is in orange color, giving away that the Lumia 530 will be following the other Lumia devices and be available in some of the brightest possible colors. The phone pictured is slightly curvier and heftier than the Lumia 630 and features no physical camera shutter button here. There is a rear firing speaker, but no LED flash here. The buttons are on screen, but no front facing camera is seen in the initial renders.
On the specs front, not much is known, though most certainly the device will be powered by a Qualcomm chip and will have a dual SIM configuration. No release dates have been mentioned either.