Samsung has announced its upcoming Galaxy Player (Translated Link), an Android-based device that will serve as a competitor to the iPod touch. According to the press release, the Galaxy Player will feature will feature both front- and rear-facing cameras—VGA and 3.2 megapixel, respectively—between 8GB and 32GB of internal storage with a MicroSD slot for expansion, a 4-inch “Super Clear” 800 x 480 LCD display, a 1GHz CPU, GPS…