Lumia 530 is the successor of Lumia 520 which was one of the most popular and cheap devices to run Windows Phone.
The popularity of Lumia 520 was attributed to its low price. It was released in early 2013 and was costing £120 at the time of its release.
Lumia 530 has arrived and is most likely to shake the low-end market. Its chief selling point seems to be its price just like the Lumia 520. Surprisingly, it is even cheaper than the Lumia 520 costing around £60 or €80.
Despite that lower price, its size almost remains the same as that of Lumia 520 which just a couple of millimeters shaved off the dimensions. The size of the display remains the same, though.
It measures 4 inches (diagonal) but with a slightly better resolution at 480 x 854 pixels. However, the display is LCD alone, unlike that of Lumia 520 that was IPS LCD.
Microsoft has made other little sacrifices to hit that lower price tag. For example, the internal memory has been reduced from 8GB (on the Lumia 520) to 4GB (on the Lumia 530). Luckily, you can use the microSD slot to boost the memory up to 128GB.
The RAM remains the same at 512MB, but the chipset has been upgraded to a 1.2GHz quad-core Snapdragon 200 from a 1GHz dual-core Qualcomm’s MSM8227. This makes it quite efficient. It runs Windows Phone 8.1 and copes with games quite well.