Samsung's been teasing Tizen-powered smartphones for several years, and today the South Korean company finally launched its first one. It's called the Samsung Z1, and it's an affordable offering that makes its debut in India today priced at around $90.

Samsung had plans to launch a flagship Tizen phone in Russia last year, but it was later postponed without any explanation. Some wondered whether the company had given up on the platform after watching the likes of BlackBerry and Microsoft struggle to compete against Android and iOS, but it seems it has simply chosen to take a different route.

Rather than competing with high-end devices, it seems Samsung will attempt to make Tizen popular among budget smartphone buyers instead.

The new Z1 delivers a 4-inch WVGA display, a 1.2GHz dual-core processor, 768MB of RAM, and a 1,500mAh battery. It also has a 3.1-megapixel camera, 4GB of storage, a microSD card slot, Bluetooth 4.0, and 3G (not 4G) connectivity.

These specifications may not be all that impressive, but thanks to a "lightweight" Tizen, Samsung promises good performance. Boot times and web browsing in particular delivery a snappy experience, Samsung says, while battery life is also touted as a highlight.

The low-end internals also allow Samsung to make the Z1 incredibly cheap. In India, where the handset makes its debut today, it will sell for just 5,700 rupees (approx. $90) — and Samsung is throwing in free content in the form of Bollywood movie streaming to make it even more attractive to potential buyers.