The Honami will reportedly feature image-processing chips used in Sony's Bravia TVs and Cyber-shot cameras, as well as Qualcomm's (QCOM) top-of-the-line Snapdragon 800 CPU, and might support 4K video recording.
Sony is also reportedly planning to release the QX10 and QX100, giant "lens camera" accessories that attach to its smartphones, and which feature high-quality zoom lenses and image sensors (18MP-20MP). The QX10/100 even have their own battery packs and indicator displays.
Sales of Sony's current flagship, the Xperia Z, have been solid (particularly in Japan). Nokia recently launched the (Windows Phone-based) Lumia 1020, another phone promising an unparalleled imaging experience.