Samsung apparently uses its own variant of AVCHD that is not compatible with the format used by Canon, Panasonic and Sony. You need a converter and possibly Samsung has one. Search for it.
Harm's right. The camera doesn't record using AVCHD. You may be better off pairing such a consumer camera with a consumer editor like Movie Edit Pro from Magix. It seems to be more forgiving about format variations than Premiere Pro, which has a tendency to prefer standard camera formats.
thanks for the replies, i ended up using the bundled power director software, sending it back out to a miniDV camcorder and now i'm going to capture it off there in premiere to edit.
Unfortunately, with some of the AVCHD variants and also AVCHD Lite, that type of workflow is probably the best.
As camera mfgr's tweak the CODEC's, their philosophy seems to be, "if the buyer wants to edit this stuff, let them find a way."
I use PowerDirector and PrElements, for just this sort of thing. In your case, PE would do no better than PrPro, but if CyberLink works, then you have the workaround.
I can hardly wait for the Holidays, and a few dozen more variations on CODEC's. About the time that the NLE companines get one figured out, here come six new ones to deal with...