(30 December 2006 6:00 pm)

MUMBAI: LG wears Prada! Consumer electronics major LG Electronics and luxury brand Prada have announced a partnership to develop an iconic mobile phone.

The first Prada telephone by LG will combine high-end technology with avant-garde design offering the best in both style and performance. This forward-thinking product is the result of a different approach to the typical fashion designer and mobile phone manufacturer co-branding exercise.

Leveraging on their respective expertise and know-how, Prada and LG have jointly explored and developed all aspects of this new product. The collaboration focussed on the key elements inside the phone, such as software, user interface and music as well as its look, for example design and packaging.

The initial launch is planned for early 2007, with distribution starting in Europe (firstly in Italy, the UK, France, and Germany), followed by countries in Asia such as Hong Kong, Taiwan, and Singapore. The Korean version of the phone is scheduled to launch in the second quarter of 2007.

LG Electronics Mobile Communications president and CEO Mun-Hwa Park says, “ Prada’s legacy for classic and sophisticated design meant they were the perfect partner to develop this shared vision of innovative technology and ultimate style. We are passionate about developing exclusive phones that appeal to consumer’s desire to express their personality through their choice of mobile and feel very strongly that Prada shares this belief.”

Prada president and CEO Patrizio Bertelli said, “As we do with ready-to-wear and accessories, we were looking at a break-through. Consistently with our approach, we are not branding an existing product. Rather we have been working with LG to give this new phone a very strong character and unique style, both in its contents and in its design. We, just like our partners at LG, are known for the attention to detail and uncompromising quality of our products. And we find these characteristics in the new mobile phone.”