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Meet the Samsung Galaxy Pocket, small but smart!
The Samsung Galaxy Pocket has QVGA-only 2.8″ screen, a single-core 832 MHz processor, 2 MP camera sans the autofocus and a no-frills plastic exterior. See more for a nice video presentation.
More technical specs about Samsung Galaxy Pocket: HSDPA, Wi-Fi, GPS, microSD card support, FM Radio.. You got the idea... It's a full specifications smart phone with a small resolution display. Price will be according to the size :D