Our friends from Finland recently unveiled the Nokia N97 at the Nokia World 2008 conference in Barcelona this week. This quad-band world phone is HSDPA compatible, with integrated Wi-Fi and Bluetooth.

The N97 is designed for the social networking generation with Web 2.0 compatibility, which can support streaming flash videos. One of the most prominent features is what the company calls “social location” which can enable integrated A-GPS sensors with an electric compass to automatically update users’ social networks, or let them share their location via photos or videos with friends.

The home screen can be personalized with widgets of favorite Web and social networking sites. Also included in this little package is the Nokia Music Store, Nokia Maps, and the N-Gage gaming platform.

The phone has a 3.5 inch screen that is a touchscreen with 640 x 360 (16:9) display, as well as a slide out QWERTY keyboard. Other features include a 5 megapixel camera with Carl Zeiss optics, plus dual LED flash that can shoot stills and record 30fps video. As for memory, it has 32GB worth of onboard memory, but if you want more, you can use the 16GB microSD card.

The N97 costs about $697, but probably won’t be available until around the second quarter of next year.

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