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The Korean company, Homecast, recently came out with a device that is both a Portable Media Player as well as a Portable Navigation Device. The GPS portion of this device is housed in the car cradle, and when you take it out of the car cradle, the device becomes the PMP.

The physical device itself comes with a 4.3-inch TFT LCD screen, boasts a T-DMB receiver, plays a variety of formats including AVI, MPG, ASF, WMV, OGM, DAT, MKV, DivX 3.11/4/5, MP4, WMV 7/8/9, H.264, MPEG 1/2/2.5 Layer 3, WMA, OGG Vorbis, and AC3. As you can see it comes with a plethora of formats, guaranteeing you can find a way to get your videos on it.

Now, once it goes into the cradle, it delivers GPS maps from Mappy’s GPS software. It comes in two different models, the 8GB or 16GB. It it set to cost 389,000 KRW ($378) and 419,000 KRW ($406), respectively.

Via [NaviGadget]

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