The device is named Regza, after their line of flat-panel televisions, as it is apparently based on an adapted "Mobile Regza Engine 3.0." The T-01C also features a 12.2MP camera with 720p recording, a digital TV tuner, and a waterproof body. We're not sure if that waterproofing is as good as that of the Motorola DEFY.
Toshiba's first Android smartphone will also come with the FeliCa wireless interface module for e-wallet capability. Before we get too excited, we should say that there's no mention of a release outside of Japan. Toshiba has already whet our appetite with the release of their FOLIO 100 tablet, available in Europe. Toshiba is obviously forcing its U.S. customers to learn a little patience, as we wait for both devices.
Toshiba has been relatively slow to bring new devices to the smartphone market. Their previous TG01 and TG02 devices, both running Windows Mobile, were fairly impressive. There is also still talk of Toshiba bringing the TG03 device to market, which will reportedly be running Windows Phone 7.
source: NTT DoCoMo [JP] via MobileCrunch