Nokia today made a move for emerging markets with the launch of the �120 Lumia 520

Fastest and cheapest mobiles unveiled at conference

Faster and cheaper were the messages behind technology launches at Mobile World Congress (MWC) in Barcelona.

Mobile phone giants Nokia today made a move for emerging markets with the launch of a £120 smartphone – the Lumia 520 – alongside three other devices, including a £13 mobile phone.

The smartphone, which operates with Windows 8, comes with a 5-megapixel camera and access to the music streaming service Nokia Music, as experts predict a big year for cheap smartphones with developers trying to make inroads into the developing world.

Nokia CEO Stephen Elop told a press conference at MWC: "Today we're introducing the world's most innovative portfolio of products.

"For Nokia the building blocks are in place and now we have to make sure that all of this capability, all of this beauty in design, everything that we have done in terms of great product making is put into the hands of consumers and that's what we're focused on today."

The Finnish company also launched the 105 phone – a £13 standard mobile phone that is now the cheapest in the company's range. With a battery life of up to 35 days the company says it could be perfect for those living in areas where reliable electricity is in short supply.

The firm also announced the launch of the Lumia 720, which Nokia is pitching at "socialites", as well as the £56 "candybar"-style 301.

But while affordability was top priority for Nokia, Huawei have focused on performance with yesterday’s launch of the Ascend P2, which they claim is the world's fastest smartphone.

The phone runs on the Android 4.1 operating system, with Huawei's own Emotion UI 1.5, and features a 1.5 GHz quad-core processor and LTE Cat 4 providing download speeds of up to 150 Mbps.

"Ascend P2 is the perfect combination of elegance and power, and further proof that there's no need to compromise when desiring a perfect smartphone," said Richard Yu, CEO of Huawei's consumer business group. "It is evidence of the outstanding smartphone experiences and great technology that we are committed to bringing to consumers globally." 

The Ascend P2 will be on sale in France through Orange in June 2013.

"We're pleased to be working with Huawei again to enable our customers to have easier and faster access to all their favorite content," said Yves Maitre, senior vice president of mobile multimedia and devices for Orange. "We are impressed by the design and look forward to putting the Ascend P2 into the hands of consumers as soon as possible."

"The technological capabilities of the HUAWEI Ascend P2 will enable our customers to have the fastest access to all their content, with speeds up to 150 Mbps on our brand new 4G network," said Florence Paour, device marketing director at Orange France.

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