Looks like LG will be first-to-market with a touch-screen phone. Not only that, but they're aiming it squarely at the "I'm so rich and famous" market, branding it with the Prada namesake. Good thing, too, not many would pay nearly $800 for any old phone... now a Prada phone... maybe.

"It's smaller than its fruity peer at just 98.8 × 54 × 12-mm resulting in a more compact, 3.0-inch display presumably with that 240x400 resolution we heard about earlier."