Samsung announces S8530

That nicely corroborates with the rumors we've been hearing lately of SuperAMOLED display shortages, which were supposed to ultimately lead to the end of manufacturing of the original Wave. Samsung prefers to keep their SuperAMOLED manufacturing lines busy with phones such as their Galaxy S and their upcoming WP7-based Samsung Omnia 7.
The original Wave was was among the first phones with Bluetooth 3.0 and Wi-Fi b/g/n. The Samsung S8530 Wave II has those too. It's also got the same 1GHz CPU, 5MP camera with LED flash and 720p video capture.
The guys over at the German website teltarif.de already had the chance to spend some time with the Samsung S8530 Wave II and compare it to the original Wave.
It turns out that the Wave II runs the Bada OS v1.2, which adds a few small upgrades, including Over-the-Air updates support and a Swype-like text-input method by Nuance called T9 Trace. By the way, a leaked Bada 1.2 firmware shows that the new features (plus improved performance) are already on their way to the owners of the original Wave.

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