Reliable leakster @evleaks has published a press render of the upcoming Microsoft Lumia 550. The info about the device has been leaked in the past, for example the handset will come in four colors: white, red, blue and black.
Specs of the newest Lumia looks like this:
Snapdragon 210 SoC proccessor
4,7-inch 720p screen, AMOLED
1 GB RAM
8 GB internal memory
1,905 mAh battery
5 MP rear camera
2 MP front