Back in 2003 Sony introduced their first dedicated portable video player (PCVA-HVP20). Now they try again with the PMX-M70.

The Sony PMX-M70 features a 4.3 inch wide-screen and comes with 2GB, 4GB or 8GB flash memory.
The new Sony PMP plays MP4 and AVI video, MP3 and WMA music files.
Other features of the sleek PMX-M70 include FM tuner, built-in speakers, TV-out, direct video encoding, audio encoding, voice recorder, photo viewer, clock and calendar. The battery life for listening to music is 20 hours and for watching video it is 5 hours.
Measurements of the Sony PMX-M70 are 16.7x74.4x12.7mm. 12.7mm is pretty thin for a PMP with this size of screen. The weight is 129g. The PMX-M70 comes in red and black.

The Sony PMX-M70 was developed in the Sony Shanghai office in China. Sony developed this new PMP for the Chinese market, where it is currently released and promoted with the new Spider-man 3 movie.
The PMX-M70 looks promising and with a good price it could also be very successful in the United States and Europe. Let's see if Sony thinks that too.
Via Nikkei.Net (Subscription).