We've heard quite a bit about HTC's new Windows Mobile Professional Pocket PC Phone Edition, the HTC Kaiser and now the first real photos hits the web.
Basically, the Kaiser is the follower of the HTC Hermes but like with the Wizard/Herald update, the Kaiser is expected to be thinner as well as it should gets an improved feature-set including a 3 megapixel camera, GPS, GSM/GPRS/EDGE/UMTS/HSDPA & HSUPA plus WiFi and Bluetooth and for sure it's running on Windows Mobile 6. Interesting is the keyboard mechanism which seems to array the display as well as it seems to just slide out:

No word about a release date yet but according to previous information, a release can be expected for June 2007.
See the link bellow for for photos and information (in Chinese).

Cheers ~ Arne