Garmin|ASUS displayed a brand new Android smart phone, the Nuvifone A50 at the Mobile World Congress 2010.

Equipped with a 3.5-inch HVGA touch screen, the Nuvifone features a 3M camera, microSD card slot, Wi-Fi and HSDPA support.

Read more about it on enGadget..

Update: Garmin’s Press release from their Blog

What makes this Nuvifone A50 unique, is the High-sensitivity GPS receivers with Garmin navigation
From the press release:

The A50 receives its location (latitude and longitude) information from multiple sources including satellite, network-based and terrestrial sources.  These overlapping technologies ensure that A50 customers have the best location and navigation experience a smartphone can offer.

Garmin navigation is included and preloaded on the A50. Because maps are installed on the device, customers will not have to wait for third party maps to download from a server, nor will they lose their turn-by-turn, voice-prompted navigation if they are out of cell phone coverage. The A50 also has many of the same features as a high-end Garmin nüvi® navigation device such as lane assist with junction view that guides drivers to the correct lane for an approaching turn or exit and realistically displays road signs. Ready for pedestrian or automotive navigation out-of-the-box, the A50 includes a custom Garmin car mount and vehicle power cable.

The A50 also supports cityXplorer™ maps so that customers can plan and use routes that include public transit options such as bus, tramway, metro and suburban rail systems. cityXplorer content is available as an optional download for select cities. Thanks to the A50’s e-compass, customers will know their heading even when standing still.
In addition to Android Market, the A50 has preloaded, apps through Garmin-Asus’ connected services, which includes real-time, location-relevant information like weather, traffic, fuel prices, safety cameras, flight status,. Connected services information varies by country.
Customers also have access to Street View in Google Maps and 3D landmark images.

Some more features include:

Surf the web
With a powerful, multi-touch capable WebKit browser, the A50 allows users to browse the web at quick speeds and view streaming content. In addition, it automatically identifies location information embedded within web pages allowing the user to quickly navigate to the locations published on the world-wide web. 
Take quality photos
The A50 includes a three mega-pixel camera with auto-focus that automatically geotags images with an exact latitude and longitude reference of where the photo was taken.  Customers may then save the image so they can navigate back to the location, or email the geo-tagged image to friends.