Motorola Mobility and Intel have joined forces for a close partnership to put Intel chips into the company’s devices. The first such device, the RAZR i, will be the first smartphone capable of 2 GHz speeds when it arrives in October.

At a launch event in London, the two companies revealed that they had worked “hand in hand together” to build the device. The RAZR i is more or less a repurposed RAZR M with an Intel Medfield chip. The company launched the Razr M at the start of September. The new product’s tagline is: “Say hello to the full-screen phone”.

Motorola touts the RAZR i, which has a 4.3-inch edge-to-edge touchscreen, as having a camera that’s faster than most digital SLRs. The shooter takes 10 pictures in less than one second.

“Together with Intel, we’re redefining what people can expect from a mobile device. A camera that launches in an instant, Web pages that load blazingly fast and a device that’s the perfect balance of screen size and fit in hand,” Jim Wicks, Motorola’s senior vice president, Consumer Experience Design, said in a statement. “RAZR i delivers just that when you put an Intel-fast processor in a beautifully designed phone and add in extra long battery life.

The smartphone is coming in October and will arrive in select markets, namely the UK, France, Germany, Brazil, Argentina and Mexico. UK partners will include Orange, T Mobile Phones 4u, Virgin Media and Tesco. There’s no word on pricing yet, but the RAZR M retails for $99 in the US.