If you thought that the 1GHz Qualcomm Snapdragon chip used in the Nexus One and EVO 4G was fast, try this on for size!

Speaking at the Executives Club of Chicago yesterday, Motorola CEO Sanjay Jha discussed the company’s plans to release a smartphone with a 2GHz processor before the end of the year.

Although Jha didn’t go into specific details about Motorola’s plans, it’s certainly exciting to hear about the rapid pace of development in the smartphone market, especially whilst it’s still in its infancy.

Of course, such a powerful phone is only as useful as the software that powers it, but with Android development still going strong with frequent updates, we could be seeing some exciting smartphones in the next few months.

Paired with a powerful mobile GPU, such as NVIDIA’s Tegra chip, gaming on the Android could become better than any other smartphone platform available, if developers take advantage of the powerful hardware in devices coming to the market.

Hopefully, we’ll see the device sooner rather than later, although this isn’t an official announcement by any means, so take it with a pinch of salt for now.

Source: Know Your Cell