Mobile phone manufacturing giant Spice Mobiles has on June 6, 2012 launched two new smartphones including an Android 4.0 based phone. The new smartphones that are launched are Spice Stellar Horizon Mi 500 and the Spice Stellar Craze Mi 355 .

The new MI 500 has been priced at Rs. 11,999, while the MI 355 has been priced at Rs. 6,499. Both the smartphones are Dual SIM phones and will be available in the Indian market by the end of this month. The smartphones wil also come pre-loaded with Netqin anti-virus.

The Spice Mi 500 comes with a 5 inch capacitive touch screen, 1 Ghz Snapdragon processor with Android Ice Cream Sandwich operating sandwich and 512 MB RAM. The smartphone also has a 4GB internal memory which can be expandable up to 32 GB.

Some of the other features of the Mi-500 include, 5 mega pixel rear camera with a VGA front camera, SRS audio enhancement and 2150 battery. Some of the connectivity features of the smartphone include, Bluetooth, Wi-Fi, GPS and more. The Stellar Craze comes with Android 2.3 Gingerbread operating system but can be upgradable to Android 4.0. It has a 5 mega pixel camera rear camera, along with 0.3 front camera.