The Huawei Ascend D1 Quad is now available to purchase from the Chinese company’s online store for ¥2,699 (approx. $425). The flagship handset was first announced at Mobile World Congress back in January — where it was known simply as the “Ascend D” — and according to Huawei, it’s “the world’s fastest smartphone.”

It’s powered by a 1.4GHz quad-core KV32 processor and 1GB of RAM, with a 4.5-inch Toshiba IPS+ HD (1280 x 720) display. It also boasts an 8-megapixel rear-facing camera, a 1.3-megapixel front-facing camera, and 8GB of internal storage. The Ascend D1 Quad will ship with Android 4.0 Ice Cream Sandwich pre-installed.

According to The Verge, the first batch of handsets has already been sold out, and is due to start shipping this week. The second batch “will be shipped within two weeks,” according to its product page.

Huawei initially had problems getting the Ascend D1 Quad out of the gate thanks to issues with its quad-core chip, which is manufactured by Huawei itself. But the handset is finally shipping, and Huawei is confident it will do well. The company’s chairman has taken to Weibo — the Chinese equivalent of Twitter — to convince customers that the device offers a better price/performance ratio than that of the Samsung Galaxy S III.

[Via: The Verge]