Medvedev's 1st touch of 'Russian iPhone'

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Russia could release a smartphone to rival the popular iPhone as soon as next year. The head of the state-run Russian Technologies Corporation demonstrated a prototype of the new device to President Medvedev on Monday. Sergey Chemezov says it will have all the functions which the top smartphones have, including 4G wireless capabilities. For the moment the device is being made in Taiwan, but the plan is to produce it fully in Russia.

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