The new handset features a 4.5-inch display with 480 x 854 pixels, HSDPA, Wi-Fi 802.11 b/g/n, Bluetooth 4.0, 5MP rear camera with LED flash, VGA front-facing camera, 512MB of RAM, 4GB of internal memory, MicroSD card support, and a 1,750 mAh battery. The smartphone measures 132.5 x 67 x 9.3 mm, weighs 145 grams, and is powered by a 1.2GHz dual-core Snapdragon 200 (MSM8210) processor - the same that Sony is using for its new entry-level Xperia E1.
As you can see in the photos unveiled by Huawei, the Ascend Y530 has an interesting two-color design, and will be available in four versions: black with grey, black with red, black with yellow, and white with grey. According to Huawei, the Y530 is targeted at young users. It will be released in Germany first, starting March, for a suggested retail price of $200 (€149). The price will probably go down soon after launch.
source: Huawei Germany (translated)