Microsoft has showcased a new €19 mobile phone, which is aimed at developing markets.

The Nokia 130 is, according to the company, designed for first time mobile phone users or those who want a reliable second handset alongside a smartphone.

The market for cheap mobile phones is growing rapidly, as mobile networks develop in emerging markets in Asia, Africa and the Middle East.

According to figures from Strategy Analytics, 300 million people buy phones priced at under $35 (€26) each year.

The new handset has a 1.8 inch colour screen, music and video players, a torch, FM radio and is chargeable via USB.

Battery life is claimed to be up to 36 days' standby for the single-SIM variety and 26 days' standby for the dual-SIM model.

The company claims the phone can store 16 hours of video on its microSD card, which can be expanded up to 32GB. However, it does not have an internet connection.

The handset is due to go on sale in the third quarter of this year in select markets, including China, Egypt, India, Indonesia, Kenya, Nigeria, Pakistan, the Philippines and Vietnam.