Pre-installed Uupay.A/Uupay.D spyware on some Chinese phones
Heise (German publisher of various computer related magazines) has just put up an article about the Chinese Star N9500 Android smartphone coming pre-loaded with a trojan called Uupay.D, that will try to harvest your personal information on the phone and may even try to send costly SMS to premium numbers.
link to the article translated into English
link to article in German
I just checked my shiny new iNew/Alps i7000 with ESET Mobile Security and sure enough, it has the Uupay.A trojan apparently macerating as Google Play service. :(