Apple's unveiling of the iPhone 4G has undoubtedly stirred up discussions on the future of the market. While the iPhone has its problems and fair share of controversy, one question may be present in mobile phone makers' conference rooms: how do we counter this? Motorola prepares for the competition by releasing its own high-end 2GHz smartphone.

Sanjay Jha, Motorola's consumer business and mobile devices division CEO, while speaking at the Executives Club of Chicago confirmed that the company is preparing for the release of a 2GHz smartphone by the end of the year. He also said that in the future, companies will offer their employees smartphones instead of notebooks.

Jha did not offer any further information, however, a Motorola executive told Conceivably Tech that the new smartphone will “incorporate everything that is technologically possible in a smartphone today. The executive said that the phone will be Android-based and will include and gyroscope and Nvidia Tegra-based graphics process with full Flash 10.1 hardware acceleration. A daring plan, but not impossible. The hardest part is to keep the phone's price as low as possible, maybe even lower than the iPhone 4.

If the smartphone is release, it will represent another innovation in the mobile phone market as ther is no 2GHz handset available. However, Qualcomm recently announced that it will introduce a dual-core smartphone processor with two processor cores capable of running to up to 1.2GHz.

Samsung has also recently announced the Galaxy S, a high-end mobile phone with incredible features that may be a very good competitor for the iPhone 4.