As the Smartphone market hots up, the Indian mobile device major, Lavasaid that it will come up with two new feature-rich models during the first half of 2012. Said that they are planning to introduce two new smartphones next year. “These devices will be powered with 1.5Ghz chipsets,”The company is contemplating a price of $100 and $500 respectively for new smartphone devices, Lava didn’t reveal the exact pricing and timeline though but said that both new models will be announced early next year.Lava is currently carrying out R&D activities for its smartphone segment. "We are working on software development, 3G and Android in our Bangalore facility," the company said..
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