Xperia Blog received some pics of what is to be believed as a new Xperia™ device code-named Pepper with the model number MT27i. Rumor suggest it is the successor to the Xperia™ neo. It does have a odd design but its chin follows design que of Nozomi (See Here).
- 1GHz dual-core processor (most likely ST-Ericsson NoveThor U8500 chipset)
- 3.7-inch (480 x 854 resolution) display
- 5MP camera
- Shoot 720p video
Source: Xperia Blog