Nokia has announced a brand new entrant in their Lumia Windows Phone line-up, the Nokia Lumia 625. The handset not only comes with the largest display seen on a Lumia device so far, but it's also the cheapest in the line to include LTE radios. Nokia's Lumia 625 is a successor to the Lumia 620 that was released at the very start of this year, and sees a number of changes across the board.

The device includes a 4.7-inch 480 x 800 (WVGA) LCD display with a super-sensitive touchscreen, a dual-core Qualcomm Snapdragon S4 processor clocked at 1.2 GHz - likely the MSM8930 with an Adreno 305 GPU - alongside 512 MB of RAM, 8 GB of internal storage and LTE radios. There's also a microSD card slot in the body that's just 9.15mm thick, as well as a 5-megapixel rear camera.

It's surprising to see Nokia rolling out their largest display yet into a budget design, choosing to include a WXGA 4.5-inch panel in the recently announced Lumia 1020 flagship, but despite this decision it still manages to be a wallet-friendly device. The phone will cost just €220 (~US$290) out of contract when it launches in Q3 2013 in most territories worldwide, although North America is missing from the list.

The release marks another step in Nokia's strategy to deliver smartphones at a range of prices and in a range of markets worldwide, catering for the majority of people who are looking for a new device. The strategy, especially for the budget market, seems to be working reasonably well, as their cheapest Lumia, the Lumia 520, is so far the most popular Windows Phone available.