Verizon Wireless and Motorola Mobility today announced the new Android-powered DROID 3 by Motorola, a global smartphone will be available in Verizon stores by July 14 for $199.99 with a 2-year contract. Here are the specs for the Droid 3 by Motorola:

DROID 3 by Motorola is the world?s thinnest full QWERTY smartphone, and still delivers the power of a dual-core 1 GHz processor for fast multi-tasking. Customers can take stunning photos with the 8-megapixel camera or capture the moment in 1080p HD video. Equipped with Android 2.3, the DROID 3 by Motorola features a brilliant 4-inch qHD display, a roomy 5-row QWERTY keyboard and 3G Mobile Hotspot capabilities, with the ability to connect up to five Wi-Fi-enabled devices. DROID 3 by Motorola delivers the power needed to conquer the day whether customers are at home, work or somewhere in between.

Additional features:

-Powered by Android 2.3 Gingerbread
-Mirror mode allows you to view and share photos, videos and movies on a larger TV via HDMI output (requires HDMI cable)
-Global ready, allowing customers to enjoy wireless voice and data service in more than 200 countries, including more than 125 with 3G speeds
-Enterprise ready with advanced security policies, device and SD card encryption, complex password support, remote data wipe of device and SD card; document and presentation viewing and editing with Quickoffice
-Citrix GoToMeeting for Android, gives users the ability to attend online meetings while on-the-go, and Citrix Receiver for Android, a universal software client that allows companies to deliver corporate apps, desktops and data to any corporate- or employee-owned device
-ESP smart dock technology for a tailored experience based on whether DROID 3 is docked in home, office or car settings
-Adobe Flash Player 10
-Front-facing camera for still shots and video chat
-Video playback in 1080p HD in mirror mode

Pricing and availability:

DROID 3 by Motorola is now available online at www.verizonwireless.com and will be available in Verizon Wireless Communication Stores by July 14 for $199.99 with a new two-year customer agreement.

Customers that purchase a DROID 3 will need to subscribe to a Verizon Wireless Nationwide Talk plan and a smartphone data package. New Verizon Wireless customers will have the option of smartphone plans starting at $30 for 2GB of data. Current Verizon Wireless smartphone customers who are upgrading their smartphone can keep their current data plan.

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