Microsoft unveiled Internet Explorer 9 mobile for Windows Phone 7 on Monday.

Speaking at Mobile World Congress, Microsoft CEO Steve Ballmer unveiled that Microsoft will ship Internet Explorer 9 mobile later this year. Microsoft says Internet Explorer 9 will offer “a dramatically enhanced mobile Web browser experience.”

Steve Ballmer introduced Internet Explorer 9 for Windows Phone and explained it will bring “complete with hardware acceleration to the Windows Phone.” Ballmer also talked up the fact Microsoft’s Internet Explorer 9 for Mobile is a “great example of brining assets together from across Microsoft to improve the Windows Phone experience.”

Joe Belfiore, who oversees Windows Phone Program Management, and is responsible for the design and software product definition of forthcoming generations of Windows phones demonstrated IE9 for Windows Phone. Belfiore showed off hardware acceleration of Internet Explorer 9 against Apple’s iPhone 4.

Belfiore also revealed that Internet Explorer 9 mobile will support web video without Flash. Belfiore was unable to demonstrate h.264 video on an early build due to the lack of connectivity at Mobile World Congress.

Microsoft has previously advertised a job listing for a strong senior engineer that will be working on building the next generation IE platform for the next Windows Phone release. “This will include a major overhaul of standard support and new approaches to make significant advances in performance, power consumption and bandwidth utilization. Your responsibilities include making all these modern web platform features work on the Windows Phone platform,” wrote the software maker in a job listing.