Nokia Lumia 920 and 820
Nokia announced the European price and availability of Lumia 920 and Lumia 820.

Finnish mobile manufacturer Nokia has revealed European market prices for two smartphones running the Windows Phone 8 software - the Nokia Lumia 920 and the Lumia 820, both of which were announced earlier this month.

A release by the manufacturer's offices in Germany indicates the Lumia 920 will be priced at €649 (approximately £500) and the Lumia 820 at €499 (approximately £400) within that country. The Italy offices, however, announced prices slightly lower than the ones in Germany - the Lumia 920, for example, is expected to go on sale for €599 (approximately £475).

The Russia office has also made announcements and their prices are similar to those in Germany, with the Lumia 920 set to cost 24,990 rubles (approximately £500). The Russia office, incidentally, has opened pre-orders and announced availability of specific colours.

The prices are inclusive of VAT and the phones are expected to be available in November.

There is, unfortunately, no word on UK pricing as yet but ZDNET reports it is likely to be closer to those found in Italy. Based on these initial reports and speculations, the feature-packed Lumia 920 will probably face-off against the Samsung Galaxy S3 (£450 for 16GB) and the new Apple iPhone 5 £529 for 16GB).

The high-end Lumia 920 features a 4.5in IPS TFT display (768 x 1280pixels, 332ppi) and is powered by a Qualcomm Snapdragon S4 1.5GHz dual-core processor with 1GB of RAM. It has an eight megapixel rear-facing camera with the same technology found in the Nokia 808 PureView (which has a 41 megapixel camera!). It also has a 1.3 megapixel front-facing camera. In addition, the smartphone supports 4G network speeds and Near Field Communication (NFC). The handset will come with 32GB of onboard space but will not feature support for external storage cards.