Samsung Ego GT-S9402 is the South Korean company’s new luxury device.

This luxury phone is made of liquid metal composite alloy, which was developed by CalTech and features some impressive properties. It can withstand 1.8 times the pressure of a normal composite, at the same time being three times stronger and 1.6 times more flexible, and having 3 times better vibration absorption and 100% lower terminal conductivity than titanium.

Samsung Ego GT-S9402 also features two SIM cards, a 2″ QVGA 262K color AMOLED display, a 5 Megapixel autofocus, imagine stabilization, smile detection and WDR plus LED flash camera, Bluetooth, USB and FM Radio with RDS, 1GB of built-in memory and microSHDC card slot for up 8GB of memory.

The Samsung EGO is available now for about 1,200 Euros.

Ferrari Ascent Ti, another limited edition high-priced mobile phone, has been revealed by Nokia Vertu.

This luxury handset is created to celebrate the car’s 60th anniversary.

The new Ferrari Ascent Ti will be available in three colors: Red, Black and Yellow.

Ferrari Ascent Ti has been manufactured from the same Titanium alloy, forged at 850 degrees, it features a sapphire crystal mix protects the screen, camera lens and flash, 3D prancing horse emblem, embedded Ferrari logo, engine sounds for ringtones and Ferrari themed wallpapers.

Other features include: a 3 Megapixel camera with auto-focus and integrated flash, 4GB internal memory, Bluetooth 2.0, microUSB connection, Vertu Fortress Wireless data synchronization service and WorldMate travel application.

The quadband (GSM 850 / 900 / 1900 / 2100) handset is to be launched until the end of this year.

Samsung and Giorgio Armani released a new luxury handset, called Armani Night Effect.

Coming in a black candybar form factor, the Armani Night Effect brings the following features: a 2.2″ AM OLED display with 262k colors and 240×320 pixel resolution, a 3 megapixel camera with autofocus around back, 3.5mm headset jack, dedicated music playback keys, an LED light bar which runs around the middle of the phone, quad-band GSM (850/900/1800/1900MHz) and 3G UMTS (2100MHz) support with HSDPA for high-speed data access, Bluetooth with A2DP, Web-based email, SMS/MMS, 120MB internal memory, a microSD card slot and so on.

Armani Night Effect measures 114.9mm x 47.4mm x 11.9mm (4.5″ x 1.9″ x .5″).

The luxury handset should be available in November throughout Europe, with other regions following closely behind, its price has not yet been released.