Photos of the new Samsung SGH-P300 have surfaced on Mobilie telefoni ikdienト?! The credit card sized phone features a 1.3 megapixel camera, Bluetooth, 90MB internal memory and a MMS expansion card slot. The 128x96 screen is fairly small by today's standards, but given the phone's tiny size this is forgivable.
Engadget also covered this phone, saying "Samsung窶冱 typically used to being on the receiving end of the knock-off stick thanks to their South Korean pallies LG, but it looks like they took a page right out of NEC窶冱 N900 series book (specifically the N910 and the N923) with their credit card-sized superslim SGH-P300 cellphone."
In an interesting move, Samsung are also releasing this phone with a leather wallet. It appears that the wallet will be sized to fit credit cards and also have a pocket for the phone, complete with a window for the phone's camera:

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