Samsung has introduced a new budget-friendly mobile phone, the Samsung E1050. The newly handset is a classic form factor. The new Samsung E1050 is a simple entry level mobile phone which comes loaded with some useful features. It’s featuring a 2.43-inch CSTN display, FM radio, supports MP3 ringtones, and includes basic features such as calendar, stopwatch, timer, calculator, alarm clock, currency converter, and etc. There is no word on pricing at moment.