Microsoft Corporation had been going slow on their mobile phone market but rumors suggests that their "Surface Phone" would still be available.

The Surface Phone which will be powered by Qualcomm's new Snapdragon 830 processor which is expected to arrive in 2017. The launch of this new processor will coincide with the launch of Windows 10's Redstone update, The Motley Fool reported.

Also, three versions of the Surface Phones will be released by Microsoft: one for prosumer, one for consumer, and one for enterprise markets. The first one, for consumer, will be having 4 GB of RAM configuration and 64 GB of internal storage. The prosumer version, on the other hand, will have 6 GB of RAM configuration and 128 GB of internal memory storage. The one for enterprise markets will be the top-end version. It will have 8 GB of RAM configuration and 512 GB of internal memory storage. The first two will be powered by 14nm Intel Kaby Lake while the top-end one will be powered by Qualcomm's Snapdragon 830 chipset, The Country Caller reported.

Those specifications would make Microsoft's Surface Phones the beefiest smartphones that will be available in the market. However, it would still be difficult to boost Microsoft's contribution in the global market. Microsoft's share in the smartphone market recently dropped below one per cent.

Microsoft refuses to admit defeat in the smartphone market. This is one of the reasons why the company would still release the Surface Phone for three markets mentioned earlier despite the sales results of the first Continuum Phones they have released -the Nokia Lumia 950 and Lumia 950 XL.

Also, Microsoft reached nearly 10,000 employees in layoffs, most of which are from Nokia's handset unit which is in Finland. This is a clear sign that Alphabet's Google and Apple are winning in the mobile phone battle.