It comes with a smaller processor and lower hardware specification, but a very pocket friendly price tag.
Xperia P and Xperia U will be available to consumers globally in the second quarter of this year
Acer shared its plans to announce new Liquid Glow smartphone with Android 4.0 Ice Cream Sandwich, 3.7-inch touchscreen display and 5 megapixel camera at the Mobile World Congress 2012.
The Galaxy Note 10.1 is expected to come with the S Pen stylus.
High-end Android OS based Diamond series smartphones will be unveiled at a press conference on February 26. The event is scheduled for the day before Mobile World Congress 2012 begins.