Designer label lovers, listen up. LG have just announced their newest Prada phone. They're calling it the Prada 3.0. It will feature a dual-core 1Ghz processor, 4.3-inch 800x480 NOVA display, 8MP camera with HD video recording, 8GB built-in storage and a 1540mAh battery. The phone will be running Android Gingerbread. Next time someone asks you what phone you have, you can tell them it's a Prada phone and stick it in your iFanboy friend's face.