Sony has just announced a brand new device that brings flagship level features in a much smaller shell. Called the Sony Xperia Z1 compact, the smartphone is practically the same as the Z1 internally but the difference lies in how much smaller it is now. The phone has the same 20.7MP camera sensor as well as the 2.2 Ghz quad core Snapdragon 800 processor. You also get connectivity features like LTE, WiFi b/g/n/ac and Bluetooth 4.0. Other options include GPS, MHL and NFC. Amongst the tradeoffs for a smaller device, we see that the battery capacity has been reduced from 3,000 mAh to 2,300 mAh. This coupled with the resolution drop from 1080p to 720p means that the battery should just about last a day of usage. The display however is now of the IPS variety so users should expect to see much better color accuracy and viewing angles.