We have already spotted a new device at Motorola’s website but because there is still no official release yet we are not able to say where it will be available or how much it will cost. The VE538 is a candybar phone comming with a 2 megapixel camera and 3G support. The multimedia represent a big video support: MPEG-4, H.263, H.264, Windows Media, .3GP playback MPEG-4, and H.263 recording.

The handset features Bluetooth with A2DP, USB 2.0 and 10MB of internal memory. The phone will be for music lovers thanks to its a large music files support: AMR, AAC, AAC+, eAAC+, MP3 ,WMA, WAV, XMF, SP-MIDI, and MIDI. With 910 mAh battery it provides up to approximately 350 minutes of talk time and up to approximately 310 hours of standby time. Motorola says that this phone will be available beginning Q4 2008.

does it have memory slot???
if yes then which type of card will it use??

yeah it has memory expendable to 2 gb and supports micro SD CARDS