It's been only a few days ago since Spice Mobility launched a budget smartphone Smart Ivory Flo Mi-450 for ₹5,999. Now, the company has released a new low-cost phablet called Stellar Horizon Pro Mi-505 into the burgeoning Indian market.

Spice Stellar Horizon Pro Mi-505 sports a 5.0-inch TFT LCD screen with 800x480p display resolution and runs on the little out-dated Android mobile OS v4.0 Ice Cream Sandwich powered by a 1GHz dual-core processor with 512MB RAM and 4GB ROM with options of expanding up to 32GB via microSD card.

Speaking at the launch, Spice Mobility, CEO-Devices, TM Ramakrishnan said, "We have received phenomenal success with Stellar Horizon Mi 500launched last year. We have followed it up with this enhanced version with exciting features at a more attractive price point. We are confident the Horizon Pro will offer best value for money to its users."

The new Spice smartphone is now available at the sister company Saholic as well as major retail outlets across India for ₹8,499. 

Key specifications of Spice Stellar Horizon Pro Mi-505:

Model Spice Stellar Horizon Pro Mi-505
Display 5.0-inch TFT LCD screen with 800x480p display resolution
OS Android v4.0 Ice Cream Sandwich
Processor Dual-core processor with 1GHz CPU speed
Storage capacity 4GB ROM, expandable up to 32Gb via microSD card
Camera Main: 5.0-megapixel camera with dual-LEDflash support, auto-focus

Front:1.3-megapixel camera

Battery 2100 mAh
Network 2G & 3G
Add-ons Dual-SIM, Night vision, A-GPS, Wi-Fi, Bluetooth v4.0,USB
Dimensions 148.0 x 77.2 x 9.6 mm
Price ₹8,499