AMD is planning to introduce their next-gen performance part, replacing the HD 6800 / Barts series, in February 2012. The rumoured date is the week of February 20th, the week after Chinese New Year. Codenamed Pitcairn, there will be two SKUs at launch - Pitcairn Pro and Pitcairn XT, expected to be branded Radeon HD 7850 and Radeon HD 7870 respectively. Pitcairn Pro is rumoured to cost $199, with Pitcairn XT at $299. These are the same price points at launch as the immensely popular Radeon HD 4800 series, hitting the price/performance sweet-spots. The first Southern Islands cards are still expected to be Tahiti / HD 7900 series, to release at CES 2012. They will be followed by Pitcairn, with the dual-GPU flagship New Zealand (possibly HD 7990) releasing at CeBIT 2012, in the early March. The first Kepler GPUs from NVIDIA are also expected to show up in March, although rumours suggest NVIDIA might release mainstream GPUs first, with performance parts coming later in Q2. Source: Fudzilla

Read more: Report: AMD Radeon HD 7800 (Pitcairn) in February 2012 by VR-Zone.com