Newsmy is going to launch its HD7 720p portable media player. The HD7 has a 5-inch 800×480 LCD display and supports H.264 and 720p HD video. It plays common audio files as well as RM/RMVB, AVI, FLV, WMV, MPG, DAT, 3GP, MP4, ASF and MKV video formats. No words yet on availability and pricing.
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