LG and Capcom have announced that a mobile version of Street Fighter IV will fight its way onto Google's Android OS sometime in Q4 (Hit 1), and that the title will be exclusive to an upcoming LG smartphone (Hit 2), but only for the first three months (KO!).
No pricing or release information has been given beyond the Q4 window, and LG has yet to announce which of its smartphones will receive the title. The press release refers to the manufacturer's "first HD Android smartphone," however, pegging the LU6200 as the prime suspect. No word on whether or not this is a direct port of the iOS version of Street Fighter IV, but the LU6200's slate form factor would easily facilitate the title.
Once we know more about Street Fighter IV's system requirements, we'll have a better idea of which phones will be able to run the fighter once the exclusivity agreement has run its course. For now though, all we can do is cross our fingers and think button-y thoughts.