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Indian handset maker Lava launched a budget 5.0-inch smartphone called 'Iris 501' into the burgeoning Indian smartphone market.

Iris 501 is one of the few big screen smartphones to come at a sub 10K price. The dual-SIM smartphone is now available through online retailer Flipkart at ₹9,999.

Lava's new smartphone runs on Android v4.0.4 OS (Ice Cream Sandwich) and is powered by a dual-core processor.

Other Key Specifications of the Lava Iris 501 include:


Lava Iris 501


5.0-inch TFT screen

With WVGA,480x800p display


Android v4.0.4 OS

(Ice Cream Sandwich)


Dual-core processor with a clock

speed of 1GHz.

Internal memory


Storage capacity


Expandable memory


microSD, expandable

up to 32GB


Rear: 5.0-megapixel with flash and Auto-focus

Front:0.3-megapixel VGA camera

Network connectivity

Dual-SIM,GSM (2G & 3G)


2300 mAh, lasts up to 7 hours of talk time

And it can run for 620 hours at standby time  

Additional specs

Wi-Fi hot spot, micro-USB, Bluetooth, GPS, etc.


148.5x79x10.5 mm



 *price as listed in Flipkart.

The Iris 501 smartphone comes packed with popular apps like Hike, Saavn, Asphalt HD game and other exciting apps.

The smartphone's competitive price is very pocket friendly to all middle-class consumers who prefer a cheaper alternative over expensive 5-inch smartphones offered by big brands like Samsung, HTC and other MNCs.

Despite its low price, Lava still has to compete with other Indian companies like Micromax and Karbonn which are offering smartphones and tablets with similar specs.

At present, the Indian tablet and smartphone market is congested with more than 135 MNCs and Indian handset makers vying for the top spot. MNCs Samsung, Nokia and Indian smartphone maker Micromax are ruling the Indian smartphone market.