Because of reported flaws surrounding its use, Nokia has announced that the Lumia 920 smartphone will be receiving an update for its Windows 8 OS, and within December 2012 as the targeted release.

As other companies battle it out at the already crowded at the mid-level and high end smartphone markets, Nokia is looking to dominate the entry-level market, or so it seems. And it can do that with the anticipated release of a low-end yet feature packed phone in Mexico.

Nokia is aware that young people might not be able to afford a Lumia 920. Here’s the solution: The Lumia 620 offers the WP8 goods in a budget-friendly package.

Shopping for gifts but afraid there’s not much money to go around? Verizon is offering a good smartphone at an affordable price.

Nokia’s latest Windows Phone 8-running smartphones are expected to land in Asia real soon.