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This new gadget from Samsung is a portable media player as well as a projector.  If you want to watch movies with your friends then this gadget is for you. . The full specifaction of the product is listed below.

Features: File viewer, picture viewer, music player, video player
Projection Panel: HVGA (480*320)
LCD: 2.2” QVGA(320*240)
Audio Output: 3.5 mm Standard Stereo Earphone Jack
Storage: microSD slot (up to 16 GB)
Picture Viewer: JPEG, GIF, Animated GIF, MBP
Music Player: MP3, WMA, OGG, AAC, WAV
Video Player: Video CODEC: DivX, Xvid, WMV9 Simple Profile, MPEG-2, MPEG-4; Audio CODEC: MP3, AAC, WMA
File Viewer: Adobe PDF (.pdf), MS PowerPoint (.ppt), MS Word (.doc), MS Excel (.xls), Text (.txt)
Size/Weight: 107.3 x 48.8 x 19 mm / 160 g