Now, a tweet from @evleaks seemingly reaffirms that the handset will be called Nokia X, not Normandy. Moreover, @evleaks - known for providing reliable info - reports that the Nokia X has 6 color versions, also confirming some of its specs: 4-inch WVGA (480 x 800) display, dual SIM capabilities, 5MP rear camera, 512MB of RAM, 4GB of internal memory, MicroSD card support, and a 1,500 mAh battery. The processor powering the handset looks to be a dual-core 1GHz Snapdragon, indeed.
All in all, it appears that the Nokia X / Normandy is a handset that will be targeted at emerging markets (as we previously assumed). Nokia may want to announce the smartphone in March, although it could also unveil it in February at MWC.