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Nokia Lumia 1020 lands in China

With its 41-megapixel camera, the unlocked Windows Phone smartphone will cost Chinese consumers $973.

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Nokia is expanding the reach of its Lumia 1020 smartphone to the large Chinese market.

The phone took center stage Thursday morning at a launch event held by Nokia China's general manager, Erik Bertman, and several partners, according to blog site Tech in Asia. Noted for its 41-megapixel camera, the Lumia 1020 will sell unlocked for 5,999 yuan ($973). That's around the same price in China as an unlocked version of the 32GB iPhone, Tech in Asia added.

The Lumia 1020 will initially be sold by China Unicom. To help budget-conscious consumers, the carrier will offer the phone at 999 yuan ($163) down and then 386 yuan ($63) over a period of three years, according to WMPoweruser. The phone will also eventually be available through China Mobile, the country's biggest carrier.

Beyond its beefy camera, the Lumia 1020 comes with a 4.5-inch display, a dual-core 1.5GHz Snapdragon processor, 2GB of RAM, and 32GB of storage.