The new model, called the WB2000 in the UK and the TL350 in the US, will be available in the next couple of months and hopes to open up the use of video from a still camera.
The camera is able to perform such a feat because it has a maximum video recording speed of 1000 frames-per-second and a burst mode capable of capturing 10 full-size digital stills per second says Samsung.
"Consumers have expressed frustration with having to choose between shooting video or taking digital stills with their camera. With the WB2000, Samsung has addressed this unmet consumer need, and now gives consumers the ability to do both simultaneously", Steve Mitchell, general marketing manager, Samsung Digital Imaging said in a statement.
Users will get a 24mm ultrawide angle Schneider Kreuznach 5x optical zoom lens, a 3-inch AMOLED screen on the back, the ability to shoot in RAW format, and full manual control over the cameras settings.