What you see quite well be the beautiful Xperia Arc from Sony Ericsson. Although we are not sure when would this be available (or even what would it be called), there are widespread rumors that this beauty will be on display in the ongoing CES 2011. Estimated specs revealed seems to be: 1GHz Qualcomm processor, a 4.2-inch with 854 x 480 resolution and a 8MP camera.

The Xperia Arc may be running Gingerbread and will be able to record HD videos.

Engadget