The official Sammo Hung website has confirmed that the veteran Hong Kong director will be helming the movie version of Soul Calibur, based on Namco's game of the same name. "There isn't much information available yet since the agreement between the producers and Namco was [only] signed on March 29, but the budget will be around $50 million" according to the website. The movie will be filmed this autumn, with the US release currently pencilled in for summer 2002. No definite cast details are available at this point, but apparently they are hoping to involve martial arts star Jackie Chan.
Sammo Hung is something of an institution in Hong Kong, having worked as producer, director, actor or fight choreographer on a whole string of movies over the last four decades, including great kung-fu movies such as Enter The Dragon, Island on Fire and Ashes of Time, although he's probably best known in the US as the star of TV series Martial Law.