Motorola's Moto X will be first smartphone manufactured in U.S.

RANCHO PALOS VERDES, California (CNN) -- Motorola says it will produce the first smartphone manufactured in the United States.

Called "Moto X," the phone will be assembled at a 500,000-square-foot plant in Fort Worth, Texas, that will employ approximately 2,000 people. The majority of smartphones today are manufactured in Asia.

The Moto X is scheduled to hit the market by the end of the year.

Dennis Woodside, CEO of Motorola Mobility, announced the news Wednesday at the D11 tech conference being hosted by AllThingsD, the tech-news site.

The phone is packed with new features that can anticipate users' needs such as "when to fire up the camera," Woodside said.,

The phone is "more contextually aware of what's going on around it. It allows you to interact with it more than other devices today," he said. He did not show the device onstage during his talk, although he said he had it in his pocket.

Woodside hinted that the Moto X would go on sale later this year and be priced below competing phones such as the IPhone 5.