PRADA and Samsung are set to launch the 2nd generation PRADA phone in coming months. The new PRADA phone, also known as Samsung KF900, features a full QWERTY keyboard that slide out from the side. Features and specifications of the phone include a 3-inch LCD color display (not sure whether is a touchscreen or not), HSPA 7.3 Mbps network support, microSDHC memory expansion slot that supports up to 8GB, MP3 music player, and a whopping 5.0-megapixel digital camera with Xeon flash.

The suggested selling price for this phone is 600 Euros. The phone will be launched in Europe sometimes in November of 2008.

Correction: This phone has been officially released by LG on October, 13 2008. You could view the press release here: http://www.lge.com/about/press_release/detail/20940.jhtml. Thanks our reader, Staska!