Kenko Tokina Japan unveiled a new MPEG-4 camcorder, DVC-306 which features a 1.5-inch display, 3 mega pixel with sensor for capturing still images and F3.0/35mm lens with 4x digital zoom. It has 32MB memory with a SD card slot for extra storage. Video recording is done in 640 x 480 pixels at 20 fps a 2GB card can record up to 720 mins of video. DVC-306 measures 90 x 70 x 37mm and weight 137 grams and will be available for 20,000 Yen which is about USD175.

[Via NewLaunches]