The Droid X has a 4.3 inch touch-screen and an 8 megapixel camera, and allows consumers to rent and buy movies from Blockbuster Inc to watch on the phone. Movies cost $9.99 to purchase and $3.99 to rent using the Wi-Fi network.
Unlike iPhone 4, the Droid X will support Adobe Flash and have Swype software, which make typing on the touch screen keypad faster and more accurate.
Verizon Wireless, the biggest US mobile provider, said the Droid X phone will go on sale Jul 15 for $199.99.
"We are planning a very major marketing campaign for Droid X and we think this is going to be a terrific product," said Verizon Wireless chief marketing officer John Stratton.
Motorola and Verizon Wireless hopes that Droid X phone stands out in particular for its multimedia capability due to the relatively large screen and a high definition video player.