The world's top cellphone maker Nokia Oyj unveiled a thin 'Barracuda' phone and six other new entry level handsets on Thursday, including its cheapest 1200 model, which is expected to sell for 35 euros ($48).

The Finnish firm, which sells more than a third of all phones across the world, has a strong position in emerging markets, but in developed markets Motorola and Samsung have attacked it with popular thin phones.

The Barracuda, or Nokia 2630, is slightly below 10 millimeters (0.4 inch) thick, comparable with most of thin phones of its rivals. The 2630 balances a modern design with a full range of features including camera combined with Bluetooth technology, email, MMS, calendar and a calculator, while features such as an FM radio, with direct access shortcut key and MP3 ringtones.

The phone will hit the shelves next quarter, with an estimated retail price of 85 euros, when excluding operator subsidies and taxes.

Barracuda was displayed at an investor event last November, in a gesture which calmed many investors' fears on Nokia's answer to thin phones.

All new phones are priced below 100 euros and are set to appear in the shops this quarter or next.