Nokia Windows 8 Lumia smartphones
Nokia will show off Nokia's new Windows 8 smartphones on Wednesday in New YorkZheyang Soohoo / Reuters

In a fierce comeback into the smartphone market, Nokia on Wednesday will show off its all new Windows 8-based Lumia 920 and Lumia 820, which the Finnish phone maker hopes will intensify the ongoing mobile industry war.

In a tie-up with software major Microsoft, Nokia will unveil the range of new Windows Phone 8 handsets at a New York event.

Nokia's current Lumia was launched last October and has garnered decent sales figures. The all new Windows phones, however, are expected take a big share of the smartphone market.

According to a report on The Verge, Twitter user @evleaks has leaked names and photos of the new Lumia Windows 8 series. The same Twitter account also showed the wireless charging pad.

In terms of specifications, latest reports said that Lumia 920 will pack a 1.5 GHz dual-core processor, 32GB of internal storage with 1GB RAM. The device also sports a 4.5-inch HD display.

On the other hand, the Lumia 820 which will sport a smaller 4.3-inch display will also feature a 1.5 GHz dual-core processor with 1GB RAM but will pack 8GB of built-in storage.

With the launch of these new phones, Nokia and Microsoft are hoping to break into the smartphone market, largely predominated by Apple and Android based devices. Windows phones have taken only 3.7 percent of the global smartphone market, while Apple and Android have raked 17 and 68 percent respectively, Reuters Strategy Analytics data as saying.

"Much has been made of Windows Phone emerging as 'the third ecosystem' in mobile. This is a huge task in itself, but Apple's and Google's entrenched positions where consumers have already invested heavily in apps and content makes switching platforms less attractive," Ben Wood from mobile sector research firm CCS Insight told the news agency.

Apart from Nokia, Google's Motorola Mobility is also waiting to unveil its smartphone on Wednesday.