The mobile Firefox 4 Beta version is built on the same technology platform as the desktop Firefox 4 and is optimised for browsing on a mobile device.
It includes features such as Firefox Sync allowing you to synchronize history, bookmarks, open tabs, passwords and form data across multiple computers and mobile devices. Together with Add-ons and the Awesome Screen, to give users a personalised and effortless mobile browsing experience.
More infromation is available at the Mozilla Blog
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