As it's made known far and wide, Nokia's intentions for this year is to aggressively attack the entry-level segment of the market to broaden their appeal on a worldwide scale. With that in mind, the world's largest handset maker is allegedly in the process of developing its second Maemo powered smartphone which will be an unusual entry-level model. Expected to feature a slightly underpowered Qualcomm 7000 series processor, 4” or larger touchscreen, and a price point that'll fit just any budget at around $150, there is no shortage of affordable handsets being crafted by the manufacturer. It looks as though Compal would be contracted to make the handset and it's going to be their first phone to have a pure cost over $150 – which should go down steadily as the final design for the handset won't get shipped until the second portion of 2011 and the cost would be considerably lower than today. The news about this phone is nonetheless surprising especially when both Intel and Nokia have been heavily focusing much of their gaze on MeeGo
which is expected to overthrow Maemo down the road.