HTC is having a very busy week; it announced the release date for the HTC One in the U.S.; it announced a partnership with Facebook to ship its HTC First smartphone with Facebook Home pre-installed; and now a new UltraPixel smartphone has leaked.

HTC just announced the HTC First, which will be an exclusive on AT&T for $99 with a new 2-year contract and will be pre-loaded with Facebook's new Facebook Home launcher for Android. The HTC First is a mid-range smartphone, hence the $99 price tag. Now there's a new leaked smartphone with very similar specs to the HTC First. It reportedly drops Facebook Home and adds the UltraPixel camera found on the flagship HTC One.

The HTC M4 is expected to also be a mid-range smartphone. It is expected to feature a 4.3-inch 342 ppi (pixels per inch) 1280 x 720 HD screen, Android 4.2.2 Jelly Bean, HTC Sense 5, 1.2Ghz dual-core Snapdragon 400 MSM8930 Krait processor, 16GB of internal storage, 1GB of RAM, 1.6M HTC UltraPixel rear camera, front-facing camera, Wi-Fi 802.11a/b/g/n, Bluetooth 4.0 with A2DP, GPS/Glonass, and a 2,000 mAh Li-polymer battery.

As you can see from the leaked pictures, the HTC M4 is also expected to be very similar in size to the HTC First; it's basically identical to the HTC First without Facebook Home and with the added benefit of having an UltraPixel camera.

It's unclear when this smartphone will be released, especially since it is very similar to the HTC First. HTC might hold off releasing this for a little while so as not to have virtually identical smartphones competing against each other. Not a wise move.