Sharp introduces a portable media player dubbed SP700 in Korea.

Sharp targets language students with the SP700 offering dictionaries and video based learning sessions.
The Sharp SP700 supports a variety of video formats including DIVX, Xvid, MPEG1/2/4 and WMV7/8/9.
Of course the SP700 also is a DMB TV, like most new devices hitting the Korean market.
Sharp runs Windows CE 5.0 on this portable media player making the SP700 very versatile. The storage capacity on this PMP is 30GB.
Via the Sharp Korea site.