VGA on small screens is not so new. But LG is working on a new low-power screen that would offer VGA sub-pixel rendering (SPR), packing some 330 pixels-per-inch) as well as 500:1 contrast ratio. Essentially, the outcome would be a tiny screen theoretically capable of a resolution of 1440 x 960!
What does it all mean? That we will all be reading very small fonts!