Samsung's NX has the sensor of a conventional DSLR camera in a smaller body, which swaps a traditional viewfinder for pure electronics.
According to the press release, Samsung's developed a new "ultra-precise" electronic viewfinder that allowed them to fit an APS-C sensor in a body 60 percent smaller than models similarly equipped. An APS-C sensor, being larger than the tiny equivalents in most point-and-shoot cameras, makes it easier to take fast, noise-free photos. The use of an EVF means the NX has live preview, too.
It'll be out in the second half of 2009. There were no further details in the press release, but photos reveal a hot shoe, standard PASM, scene and movie-recording features, and an AF light. Hell, can't even tell what sort of flash card it uses. It's hard to tell exactly how big it is, too: is this Sigma DP1-sized (yay!) or more like a fat ultrazoom?