iPhone 5 rumors: the device could feature liquipel technology

The company has created a method of using a “nano” coating of the inside and outside of the iPhone that will protect it if you are clumsy by nature or your job requires you to be near water.

This new tech is called Liquipel.

The company, based in Santa Ana, California posted a video on YouTube that shows an iPhone 4 playing a video while submerged in water.

“Water will just run through the machine,” says Liquipel president Danny McPhail. “It actually beads right on top of the circuit board and rolls off.”

Liquipel charges $US60 to coat a smartphone, with shipping adding to the cost.