All you tech lovers can now look forward to something new. A Bangalore based start-up LACS, has come up with an affordable smart gadget called Magnum to take on Apple's iPhone. The device is internet and GPS enabled.

The Magnum has a 4.3-inch resistive touch screen and is available in as many as five colours. The phone has features such as in-built GPS navigation, music, video, browsing, and games among other things. It also allows users to sync their mobile phone via Bluetooth with the Magnum, allowing syncing of music and other media with the Magnum. You can also back up your phone contacts via this sync. It's priced at Rs. 8,888 plus taxes.

The Magnum runs on a 500MHz processor and on old Windows CE 6.1 operating system. When asked why LACS decided to use such an old OS and not opt for newer solutions, Mr. Jain said, “Technologies sound good on paper. Android is a great operating system no doubt, but since it is free to use, there is no guarantee of support. I don't want to be in a position where my customer has to suffer because of any backend issues. So at this point in time we decided to go ahead with Win CE which is a more stable system. Once assured that Android or any other OS is stable and I can provide the necessary support later on, we will go ahead and implement it in our devices.”