On first glance, it looks like any Android-powered touch-screen smartphone, but scratch beneath the surface and the Fairphone is much more.

The unveiling of the Optimus GJ means that consumers will soon have a choice of three different handsets that can withstand the wear and tear of a summer beach holiday. Essentially a rugged Optimus G, the latest LG handset features a 4.7-inch HD display, a rather impressive 13-megapixel camera plus plenty of RAM and processing power thanks to a quad-core 1.5GHz Qualcomm chip. It is a full 1.4mm thicker than the standard Optimus G but it can be submerged under water to a depth of 1 meter for 30 minutes without incurring any damage.

The unveiling of the Optimus GJ means that consumers will soon have a choice of three different handsets that can withstand the wear and tear of a summer beach holiday. Essentially a rugged Optimus G, the latest LG handset features a 4.7-inch HD display, a rather impressive 13-megapixel camera plus plenty of RAM and processing power thanks to a quad-core 1.5GHz Qualcomm chip. It is a full 1.4mm thicker than the standard Optimus G but it can be submerged under water to a depth of 1 meter for 30 minutes without incurring any damage.

By Noel Randewich SAN FRANCISCO (Reuters) - Shares of Apple <AAPL.O> supplier Cirrus Logic <CRUS.O> slumped 18 percent on Thursday after the chipmaker said in a filing it faces growing pricing pressure in the smartphone market. Cirrus said in the filing it expects gross margins in the mid-40s. It did not indicate what period it was referring to and a spokesman did not immediately reply to a request for comment.