Motorola has officially revealed the new Moto E, a 4.3-inch Android smartphone that's even cheaper than the successful Moto G, going on sale for just $130. The first handset from the company since it was sold to Lenovo, the The Moto E, has a high-resolution 4.3" display with with a resolution of 540x960 pixels at 256ppi, proetected by Corning Gorilla Glass and a water-resistant splash guard. It is pewred by a Qualcomm Snapdragon 200 dual core 1.2GHz Snapdragon processor, a 1980 mAh battery, runs Android 4.4.2, KitKat and includes colorful interchangeable backs -- called Motorola Shells -- providing more than 20 color and design combinations.

Other features include a 5MP rear-facing camera with Motorola’s streamlined camera interface; a microSD slot for up to 32GB of expandable memory and a built-in FM radio.

It’s priced starting at just $129 on Motorola.com with no contract. Moto E will also be available in more than 40 countries around the world over the next few weeks.

Motorola is also offering an upgraded version of the Moto G, featuring 4G LTE. Same features now on the fastest networks where available, for $219. The original Moto G continues to be available for $179 on Motorola.com without a contract and through local carriers in countries worldwide.

Motorola Moto E
SoC	Qualcomm Snapdragon 200 (MSM8x10) 2x ARM Cortex A7 at 1.2GHz Adreno 302 at 400MHz
RAM/NAND	1GB LPDDR2 + 4GB w/ MicroSDHC
Display	4.3" 960x540 LCD
Network	2G / 3G (MSM8x10 21.1Mbps HSDPA 850/900/1900/2100MHz or 850/1700/1900/2100MHz)
Dimensions	124.38 x 64.8 x 12.3mm, 142g
Camera	5MP (2592 х 1944) Rear Facing
Battery	1980 mAh (7.52 Whr)
OS	Android 4.4.2
Connectivity	802.11 b/g/n + BT 4.0, USB2.0, GPS/GNSS
SIM Size	Micro-SIM (Dual SIM SKU)