Look similar to K750i, It will replace K750i at soon.

The K550im has a 2 megapixel camera, able to do auto focus and comes in a new camera cover design. It looks like it has 2 flash module? Charging port is now moved to the side, placed beside the memory card. The M2 memory card slot is protected by the back cover, luckily you do not need to remove the battery to insert the card.

Other features include:

• Network: GSM Triband

• Size: 102 x 46 x 14 mm

• Display: 256k colors TFT, 176 x 220 pixels

• 2 Megapixel camera

• M2 memory card

• GPRS, EDGE, Bluetooth, IrDA

• FM radio

• Music Player

• 64MB memory

Sony Ericsson K550i might be announced in 2 weeks time, where a walkman phone version will be available too. Tha walkman phone version (w550i?) is said to support 3G network, but auto focus will be taken out. More photos at next page.

Source : http://www.slashphone.com