Sony Ericsson has made a couple important announcements today. The first of the announcements is the unveiling of a new smartphone that will be coming in Q4 of 2011 to select markets. What those select markets are isn't known. The smartphone is called the Xperia neo V and it has some nice features like Android 2.3.4 out of the box and a 1GHz Snapdragon MSM8255 processor. The rear camera of the device is 5MP with autofocus, 720p recording and more.