Sony Xperia Z2
The Z2's 20.7-megapixel camera can shoot 4K Ultra HD video. IBTimes UK

Sony has introduced its new flagship waterproof smartphone, Xperia Z2 at the Mobile World Congress event in Barcelona and it has now revealed pricing for the phone in the UK and Europe.

The Sony Xperia Z2 features a 5.2in full HD display and can capture video in 4K with its 20.7 megapixel camera, and Sony says i will go on sale globally from March.

In the UK, the phone will be priced at £599 on the Sony Mobile store SIM-free. This puts it on a par with high-end phones from Samsung, and makes it even more expensive than Apple's iPhone. Mobile phone networks in the UK are yet to reveal the contract prices for Sony's new smartphone.

Following the announcement Sony Mobile has updated the official pricing for the Xperia Z2 across Europe, on the Xperia Blog. According to the listing, the retail price for Xperia Z2 in countries such as France, Italy and Spain will be at €699 (approximately £578).

However the price is not the same in all eurozone countries, costing €599 in Germany and €649 in the Netherlands. In Sweden the Xperia Z2 will cost SEK5,995.

The Sony Xperia Z2 is an improved version of last year's Xperia Z1, featuring a slimmer profile but larger screen. It will run the latest version of Google's operating system, Android 4.4 (KiKat) and will feature the same 20.7 megapixel rear-camera.

The Xperia Z2 is powered by Qualcomm's new Snapdragon 801 chip clocked at 2.3GHz, and paired with 3GB RAM.