Microsoft
Expansys USA is offering the Microsoft Lumia 640 and Lumia 640 XL at a dirt-cheap price. Reuters/Robert Galbraith

Nokia’s Lumia 1020 is reportedly being replaced by the Lumia 1030. The Lumia 1020 was one of the stand-out smartphones in the tech industry and was released in 2013. Although it was a huge success back then, there was no successor for a long time, even after Microsoft took over Nokia. Microsoft was reportedly concentrating more on low to mid-range devices than high-end ones. This left a new leak about a possible successor to the Lumia device spreading like wildfire.

According to the usual tipster NWE, a photo pertaining to the Microsoft Lumia 1030 has emerged, confirming the existence of the device. The photo does not give out much information; however, a closer look does reveal two inscriptions near the earpiece and camera holes. One of the inscriptions shows the company name “Microsoft,” while the other one shows the Verizon logo, pointing to the possible carrier choice, notes GSM Arena.

On the other hand, Microsoft is reportedly working on upcoming high-end successors to the Lumia 930 dubbed the Lumia 940 and Lumia 940 XL. A recent leak from a benchmark testing site has reveled key configurations of the Lumia 940 XL. According to GSM Arena, the specifications include a 5.7-inch display, 2,560 x 1,440-pixel QHD screen resolution, a minimum 17-megapixel sensor as the primary unit and 5-megapixel front-facing camera.

The Lumia 940 XL will apparently come equipped with 16 GB of built-in storage space. The phone will house 1.5 GB of RAM configuration. It will also come powered by Qualcomm’s Snapdragon 810 chipset, along with an octa-core processor with ARM's big.LITTLE architecture.

The device is expected to be backed by a 3,300 mAh battery unit. Rumors also suggest that the phone will sport a USB Type-C connector and iris scanner. This Lumia handset will come installed with the new Windows 10 OS. Readers should note that Microsoft has not confirmed the Lumia 940 XL or Lumia 1030 specifications thus far.

Lastly, here is the alleged front panel of the Microsoft Lumia 1030: