Newsmy is set to launch its latest portable media player known as the HD7. This new PMP boasts a 5-inch LCD display with 800 x 480 resolution and supports H.264 and 720p HD video. The device is also compatible with RM, RMVB, AVI, FLV, MPG, DAT, 3GP, MP4 video files and MP3, ASF, MKV audio files. Sadly, there’s no word on pricing and release dates yet. [iTechNews]
