According to sources, the 'luxury' smartphones are likely to be priced at USD 466. The Lumia 930 and 830 will be made available in Black and White colors in select countries.

The Lumia 930 is likely to be made available by January end while the Lumia 830 will hit stores in February.

On specifications, the Lumia 930 sports a 5-inch 1080p screen, backed by quad-core Qualcomm Snapdragon 800 processor. It features a 2GB RAM and a 20-megapixel camera with LED flash.

While, the Lumia 830 has 5-inch 720p display and is powered by a quad-core Qualcomm Snapdragon 400 processor with 1GB of RAM and a 10-megapixel shooter.