Prada has already made a foray into electronics with that sexy pink laptop but now they will be getting into the phone business too. Prada has partnered with LG to create a new cellphone. Instead of just adding a logo and some doodads to an existing phone they will be creating a new design which will have an "advanced touch interface" instead of a keypad. The software, user interface and overall design will come from Prada. The phone is going to launch in Europe at the start of next year and then head to Asia but alas, no U.S. release date has been set yet.