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Nokia announced the launch of the Nokia 101 and Nokia 100, which are presented as the company’s cheapest phones to date attracting users in the low-end market as it fights increasing competition from Asian manufacturers.

The Nokia 100 will be available in the fourth quarter of 2011 for about $30 and comes in a range of vibrant colors including Legion Blue, Festival Pink, Ocean Blue, Phantom Black and Coral Red.

Nokia 100 has a basic handset for calls and sending text messages, features a color display with a grid-based menu system and an FM radio.

The Nokia 101 will be available in the third quarter of 2011 for about $35  and comes in Phantom Black and Coral Red.

Nokia 101 has dual SIM device, enabling users to connect to two different networks to receive calls and messages. It also has an FM radio, integrated MP3 player and supports 16-gigabyte microSD memory cards.