Innovation has a tendency of coming from Korea these days and the latest example of such innovation is the 5 inch smartphone Pantech Vega S5. The device is everything that the Samsung Galaxy S III should have been and then something. For starters, it has a “zero bezel” narrow form factor, that allows it to look stunning.

We’re dealing here with a 5 incher, a phablet if you want, that uses a narrower frame, merely 6.89 mm in width, compared to the Samsung Galaxy S III’s 8.6mm. It also has a camera with a resolution of 13 megapixels and its specs include a Qualcomm Snapdragon S4 processor, Android 4.0 ICS, a 5 inch 720p display, a 13 megapixel camera with zero shutter lag and continuous autofocus. There’s also a 2100 mAh battery on board, with 11 hours of talk time guaranteed.

And then there’s the price… $800 to be more precise, for this model, available only in Korea. Odds are that the handset will actually stay in Korea, since Pantech has a reputation of creating products with limited distribution abroad. They created this product as an exclusive project with SK Telecom, if you really want to know.