Not sure how these rumors get about, but apparently there is a new one that Samsung will be launching a new MP3 player, the YP-K3. Apparently, the YP-K3 is going to be a smaller version of the YP-K5, pictured here.

Of course, who can say if this is true or not? I mean, we don’t even have a picture of it. If it is, then look for the YP-K3 early in 2007. Considering the price range of the Samsung YP-K3 is about $162-250, I’m sure the K3 will probably be about the same, if it is real.