LG signed an agreement with Dolby Laboratories today that will allow the adding all the audio processing technology of Dolby Mobile to be included in future LG phones. Now LG will be able to offer such features as Mobile Surround, Sound Space Expander, Natural Bass, High Frequency Enhancer, Graphic EQ, Sound Level Control, and Mono to Stereo Converter. The first phone with such feature will start to ship around end of this year. LG just upped an ante on becoming the true iPhone Killer. Let’s see if Apple has anything up their sleeves to counter this.