ZTE has made it's first Android powered phone, the X850. The X850 won't target the high end market like most Android phones recently to date have, but will instead target the entry-level market. But for a phone targeting the entry-level market, the X850 isn't bad at all, except for the 2.8" 320x240 resolution of the touchscreen display. The X850 is powered by a 600MHz Qualcomm MSM7227, has a 3.5 mm headphone jack, 3.2 mega pixel camera and an FM radio integrated into it.
The X850 supports 2.1, shockingly enough. The phone will be sold in China since it supports a WCDMA radio. The retail price is to be put at about $173, the price is pretty cheap for a good phone. The only real problem the phone has is its display, an improvement in that would be appreciated.