This is exciting news for all Bada users! Samsung has announced the next phone in the Bada lineup – the Samsung Wave 723. The Wave 723 will have Samsung’s Super AMOLED display for a 3.2-inch TFT LCD screeen. It will also have wifi and a 5megapixel auto-focus camera with LED flash. The phone will run Bada OS 1.1, which also adds UI auto-scaling. This means Samsung is prepping developers to make sure their Bada apps work seamlessly across devices of different resolutions. No word on pricing, dates, or regional availability at this point, but you can sure that when we hear more information, we will pass it along to everyone!

**UPDATE** (Thanks to Forum member “Kingkij” for providing more information)

The 723′s SAMOLED screen will have a resolution of 240×400 pixels and will be made of tempered glass with smudge resistance technology and an application-centric interface.

Other features include: a 3.5mm audio jack, 90MB of storage (expandable through a microSD card slot) and a built-in GPS receiver. The Samsung S7230E Wave 723 will support quad-band 2G and dual-band 3G as well as 802.11n Wi-Fi and Bluetooth 3.0.

The Wave 723 is quite thin (measuring only 109.5 x 53.9 x 11.8 mm) and has sleek metal back cover. But while this is something many devices would be able to offer you, there is one thing only a few phones have – a unique leather flip cover protecting the display when the phone is not in use.

The Samsung S7230E Wave 723 smartphone is expected to launch in Germany sometime in September with the rest of Europe, Southeast Asia, the Middle East and Africa to follow shortly after.

While no confirmation has been given, rumors claim the Wave 723 will be selling for a good 240 euro.

Sources: GSM Arena and eWeek