A Motorola smartphone with Intel inside is due to arrive in the second half of 2012, the two companies announced at the Consumer Electronics Show.

The phone will be the first product of a multi-year agreement that will extend to not only smartphones but tablets too, Intel said.

Although the firms didn't disclose much about what the device would look like, how much it would cost or what it wouldd be called, Intel did say that the first of its processors used by Motorola would be the new Atom Z2460.

No word yet on which carrier the handset will make its way to either, but in a meeting Tuesday night, Motorola Chairman and Chief Executive Sanjay Jha said the new phone would run Google's Android operating system.

Hopefully that means the first Motorola and Intel smartphone will be running Android Ice Cream Sandwich.

The Atom Z2640 is a 1.6-gigahertz processor with integrated graphics capabilities and low power consumption, Intel said in a statement.

The partnership is an important one for both companies, especially Intel. Motorola currently uses processors from both Qualcomm and Texas Instruments, two chip suppliers that have found a lot of success in the smartphone and tablet market. Intel's mobile chips, meanwhile, have had a tough time catching on with hardware makers as many have chosen processors from rivals.

Though Intel, the world's largest processor maker, has so far failed to match its dominant positon in the laptop and desktop market on the mobile side, a deal with Motorola might help boost its influence in smartphones and tablets -- particularly if Google's $12.5-billion purchase of Motorola Mobility is approved by federal regulators.

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-- Nathan Olivarez-Giles in Las Vegas

Nathan Olivarez-Giles on Google+

Twitter.com/nateog

Images: (Top) Intel's smartphone reference design and (bottom) its Atom Z2460 processor. Credit: Intel