ZTE today and officially announced its new Android handset, the Nubia Z5.

The ZTE Nubia Z5 is company's first 1080p smartphone, featuring a 5 inch IPS (1920 x 1080 pixels) display, 1.5GHz quad-core Qualcomm Snapdragon S4 Pro processor, 2GB of RAM, 32GB of internal memory, 13 megapixel main camera, 2 megapixel front-facing camera, NFC, Bluetooth 4.0, 2,300mAh battery, it weighs 126 grams, it's 7.6mm tick, will be available in black and white and will run Android 4.1.1 Jelly Bean.

The Nubia Z5 will launch in China in January 2013 and will retail for 3,456 yuan (about $555). There is no news when or it will be released outside China.