Here’s a portable media player from China, the Yoto V200. It comes with a 2.4” QVGA display, 1GB of memory storage, external midiSD slot for memory expansion, support DivX and H.264 video formats and with a RK2608A processor that is more than capable of handling e-books, photos, and games. Buttons and ports are all located at the side giving this player a clean and simple look. Suggesting price is 399(RMB) for 1GB model which is about $50.

[via Ubergizmo]