Can Microsoft bring better smartphone experience than Firefox phone at the low end?

The cheapest smartphone to buy in India is still the Firefox range of phone @ about 2K₹. But the experience of using this phone as a daily driver is not exactly stellar. I own one of these phones, which I time and again try to use on a daily basis, but always give in almost immediately. And I think most of the problems stem from the paltry RAM these devices have (128MB) as compared to many of the other smartphones in the market.

Microsoft, yesterday released Lumia 435, a device that would probably be priced just below the 5K₹ mark. That device has quite a good internal specs: 1GB RAM, 8GB ROM and many common sensors. Now if Microsoft can make a Lumia 330/335 with 1GB of RAM and 4GB ROM while keeping most of the external specs intact, and get a price point of about 2.5K₹, they would not only effectively have devices in the now retired Asha range, but they would have better product in terms of first time Smartphone experience.