Verizon to launch new Nokia Lumia 'Icon' in US to boost market share

Verizon is going to launch a new Nokia Lumia handset, called the 'Icon', in the United States in a bid to boost the market share of the Windows phone.

The device looks like a smaller version of the Lumia 1520 and sports a 5-inch screen, a 20-megapixel camera, a quad-core processor, and a 2420 mAh battery, according to a TechCrunch report.

Although Windows Phone has seen strong success in the past year, selling lower-priced handsets, the platform with a combination of Microsoft software and Nokia hardware has struggled to find market share in the United States and the upper-tiers of the maker globally.

The Verizon website has the phone pegged at $777 dollars, even though a confirmation on the price is yet to come.