LG has debuted its first premium camera phone, the "Viewty" which boasts a 5.1 megapixel camera and touch screen. The handset maker aims to corner 10 percent to 15 percent of the premium camera phone market within a year. The Viewty launches in Europe in mid-October. The handset will be more expensive than the LG Shine ($547) but less expensive than the LG Prada ($820). The Viewty is designed to make it easy for users to send, share and view pictures and video. It has a hot key for uploading videos directly to YouTube. The Viewty will see worldwide availability a month or two after the European launch.

For more on LG's premium camera phone:
- read this press release

Related Article:
Users love the camera phone but don't take too many photos. Article