Sony is going to release a new Android Xperia M, that is supposed to be a cheaper solution for the users who find the new phones too expensive.
There will be a Dual SIM version available.
It has a 4" scratch resistant screen with four finger multi-touch, and the resolution of 480x854 pixels.
1 GB RAM, and 4 GB of internal memory (only 2 GB user available) that can be expanded with an MicroSD card (up to 64 GB).
1 GHz dual-core CPU
5-mpx rear camera with autofocus and LED flash that can record at 720p at 30FPS.
Front camera is VGA.
Battery capacity is 1750mAh.
This phone will be released in the summer 2013.