Alright, so maybe "Ultra Smart F700" doesn't have quite the same ring or brand recognition to it as "The iPhone", but Samsung has really gone and thrown a bit of a gauntlet down in Apple's general direction with this new phone.
Basically the F700 is an iPhonewithmorebellsandwhistles, containing a full slide-out QWERTY keyboard on top of the fully touch sensitive screen. Oh, and 7.2 Mbps of HSDPA lovin' with some EDGE backup, in case you go out of 3G range. I mean, bugger me... 7.2 Mbps?
The F700 is pretty much the same size as the iPhone, measuring 104 x 50 x 16.4mm with a 2.78", 440x240 pixel touch screen. Other features include a 5 mega pixel camera (I'm going to go have a nice lie down now...), microSD memory expansion, full HTML browsing and a Flash UI / document browser as well as Bluetooth.
No details on pricing or availability just yet, but heaven knows we'll hear about it when there is... The iPhone just met its nemesis, I suspect.