Samsung launches Gold-plated phone for Olympics

Samsung Electronics Co. unveils a special 18-carat gold-plated mobile phone in in commemoration of next year's Olympics in Beijing.

"The sleek-looking phone, dubbed the P318, is mostly deep black in color, with the gold placed in the trim along the sides and covering the bottom half of its back.

A price or launch date has yet to be set, Samsung spokeswoman Lee Soo-jeong said.

This is going to be strictly sold and launched to the Chinese market," she said. "It's basically a phone to commemorate and celebrate the Beijing Olympics."