From the looks of it, this is just the Korean version of the U.S. Samsung SC-X300, but all the same Samsung Korea brings you the VM-X300 tapeless camcorder. All we really know is that it records MPEG4 video at 720×480 at 30fps. Looking at the image above, though, you can see that it is identical to the SC-X300. Here’s some links for more info:

U.S. product page
CamcorderInfo did a first impressions review a while back
The original Korean announcement
[ via Akihabara News ]