1.6 GHz Intel processor but it works very smoothly despite having a single core processor. It also has an 8MP camera with LED flash at the back and a 3MP camera at the front, 1450mAh battery, NFC, HDMI, HSPA+ etc.
About pricing, there is no official statement but looking at the specs it will be priced around INR20K“We are proud to partner with Intel on XOLO to bring a superior smartphone computing experience to customers in India. Over the last two and a half years, we have built our business in the feature phone segment where Lava has been the brand of choice for nearly 10 million Indian customers. With XOLO, we intend to now serve the discerning and fast-paced smartphone customer, which is where this collaboration with Intel is critical to us.”- Vishal Sehgal, director, Lava International