Sanyo Japan will be releasing their new Katana LX phone. It comes with a clamshell design, GPS navigation, high-quality speakerphone, bluetooth, VGA camera, and a call screening feature. The Katana also features an OLED outer display with a resolution of 128×160. The Katana LX will be available pretty soon for about $50. [MobileWhack via Upcoming Cell Phones]
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