Samsung Electronics 
unveiled what the company is calling the "first-ever mobile phone with an internal hard drive." The company's latest phone, the V5400, is currently being exhibited at the ITU Telecom Asia 2004 conference.
The V5400 is equipped with a 1-inch, 1.5-GB hard drive designed to expand the memory capacity of mobile 
phones from the conventional 100 MB maximum capacity.
The phone also boasts a high-resolution 2.2-inch liquid crystal display and includes features such as an MP3 player, electronic book reader and Korean-English dictionary. A built-in microphone is designed to enhance the phone's camcorder function, while dual speakers provide a 3D sound effect.
The product will be available for Korean consumers in the middle of September.
Samsung Electronics manufactures semiconductor, telecommunication, digital media and digital convergence technologies, with 2003 sales of US$36.4 billion and net income of $5 billion.
Employing approximately 88,000 people in 89 offices in 46 countries, Samsung Electronics is one of the world's largest producers of color monitors, color TVs, memory chips, TFT-LCDs and VCRs.
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