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Watch out, Richard Yu! Not long after the China launch of the 6.1-inch Huawei Ascend Mate earlier today, the notorious @evleaks tweeted out the above two press shots of an Ascend G700, as well as referring to an old tweet from the often reliable @paopao0128 (of Blog of Mobile fame) who suggested the G700 will feature Android 4.2, a quad-core MediaTek MT6589 SoC (as opposed to the quad-core Huawei HiSilicon K3V2 chip on the Ascend Mate and the Ascend D2), an "HD" LCD (our money's on 720p only, like the leaked G710) and both WCDMA and TD-SCDMA flavors.

Another fresh G700 leak we found shows a hands-on photo obtained from Sina Weibo (which has since been deleted, but it's also right after the break), and it also mentions that the phone will have a 5-inch display plus 2GB of RAM. There's no info on pricing, but the careless leakster on Weibo reminded us that the budget-minded G series devices never go over ¥2,000 or about $320 unsubsidized. To put that into perspective, the quad-core, 5-inch full-HD D2 is currently available for almost twice as many yuans. Well, it shouldn't be long before Chinese consumers get yet another 5-inch device to stuff their pockets.

Huawei's Ascend G700 leaked in press shots, may be Ascend D2's cheaper cousin

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Huawei's Ascend G700 exposed, may be Ascend D2's cheaper cousin