Samsung's NV3 to be release..

The NV3 is much like any other cameraphone, with 7.2 megapixels, 3x optical zoom and a 2.5-inch high-resolution LCD display. But it also can store and play back MP3 and WAV music files, as well as videoclips. It features 16 MB of internal memory, with a memory card expansion slot for additional storage. It includes a stereo headphone jack and integrated stereo speakers.

Digital camera rival Olympus last year tried and failed to market a similar device called the m:robe, which was even backed by a Super Bowl commercial. The product was discontinued after less than eight months.

Samsung's NV3 is expected to be available in fourth-quarter 2006 for $350.