In reality, Samsung probably isn't creating a phone anything like what you see above (it doesn't have nearly enough plastic) but we do have a few rumors about what they may be creating. But shhhhhh. It's a secret, mmkay? Rumors point to a Qualcomm Snapdragon S4 processor, 2GB of RAM, and a 5" display with Full HD resolution and OLED technology.
But until we know more, let's all have a laugh about this concept phone which will never come into existence. Like, ever.
Gotta admit it's pretty sweet, though.