Sony Ericsson announced a new handset this morning, the Xperia neo V, along with news of the Android 2.3.4 update. However, before you get too excited the Xperia neo V (MT11i) is basically near enough identical to the current Xperia neo but will sport a weaker camera sensor (5MP versus 8MP Exmor R in Xperia neo) and will launch with Android 2.3.4 in Q4 2011.
Now you may be wondering why Sony Ericsson has made this move. Well price is one good reason – it means Sony Ericsson should be able to disseminate the phone to an even wider audience at a cheaper price. How cheap you may ask? Well according to Mobil.se, it could be 500-1000 Swedish Krona (€55 to €110 at current exchange rates) cheaper. Not too shabby. However, we have been told that the main initiative behind this was down to component shortages following the Japan earthquake earlier in the year. You can find the white paper for the Xperia neo V here. See a video of the Xperia neo V after the jump.
You can see more pictures here.