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Toshiba has announced its latest camcorder geared for the budget-conscious consumers who are looking for a powerful video capturing device without burning too much of their wallet. Dubbed the Camileo H10, this camcorder boasts of decent specs including a 720p high definition video recording with a 1280 x 720 pixel resolution.

The Camileo H10 features just 64MB of internal memory which is supplemented by a memory card slot for SDHC card of up to 8GB storage capacity. In addition, the H10 also boasts of a 5x optical and 4x digital zoom for its 10-megapixel CCD camera sensor, a 2.7-inch TFT LCD monitor and a slew of camcorder features including image stabilization, motion detection recording and a night mode that effectively captures scenes in a low light environment. It also has HDMI output for viewing video on to an HDTV and even comes with ArcSoft software for editing videos easily.

The Toshiba Camileo H10 will be available by the end of the month and will retail for around $359.

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