Samsung seems to making lot of new handsets recently and the latest one to be rumored is the i550 with GPS functionality. i550 is a smartphone which is expected to be launched late 2007 or early 2008.

Specifications of this handset are (unofficial);

• Symbian S60
• HSDPA support (3.6 Mbit/s)
• 2,6-inch display
• 128 Mb RAM, 150 Mb ROM
• micro SD-slot
• 3,2 Mpix camera with autofocus and flash
• FM-radio and 3,5mm audio jack
• GPS
• MicroUSB
• Web 2.0
• Scroll-based navigation via Trackball
• Dedicated keys (internet, navigation, player)
• 1200 mAh battery
• Dimensions - 115×53x13,8 mm

Source