We descended upon the Huawei booth just a short while ago here in Barcelona, and there we found a whole gaggle of Huawei's new flagship device: the Ascend D Quad. I'm calling it the DQ for short - because who doesn't like Blizzards? Anyway, we know the DQ is packing Huawei's first in-house processor, the K3V2.
Basically, what you need to know is this: it's a Huawei device, so it will probably be priced pretty aggressively compared to other quad-core devices. Of course, the fact that it's a Huawei also means a US launch on any of the big four isn't super likely at launch - but you never know.