The phone comes boasting some big claims, including a two-day battery life. This is made possible thanks to the combination of a 4000mAh battery and 1600x720 LCD display, which will hopefully result in upwards of 10 hours of screen time from a single charge.
Fortunately, when it comes to charging you'll be able to make use of the USB-C port, while Nokia is one of the few brands to stick with a 3.5mm headphone jack.
The other big upgrade is in cameras, where we now have a quadruple rear setup. The main 13Mp sensor is joined by a 5Mp ultrawide and 2Mp depth lens, while there a separate 2Mp depth sensor. While there's no telephoto lens here, to have this level of flexibility on a budget handset is impressive, although it will all come down to image quality.
We also now get a 6.55in panel, complete with small teardrop notch for the 8Mp selfie camera. This works for face unlock, as an alternative to the rear-mounted fingerprint scanner. Frustratingly, Nokia has continued its trend of plastering its name on the bottom of the phone, so there's a bigger chin here than necessary. The aesthetics of the phone are typical of many modern handsets, despite Nokia claiming it is a 'Nordic inspired design'.
With regards to internals, the phone comes with Qualcomm's Snapdragon 665. This is considered a mid-range chipset, so it's impressive to see it on a budget phone. There are also options for 3, 4 or 6 GB or RAM, while you can choose between 64 and 128GB of on-device storage. Importantly, this is expandable up to another 512GB via the microSD card slot.
The Nokia 5.3 will start at €189 when it becomes available in late April. Check back soon for UK pricing.
In the meantime, check out our round-up of the best Nokia phones that have already been released.