Acelabs is a little known Korean company that made this 2.8-inch screen PMP dubbed S3, though the lettering on the device says “Handy.” Well, perhaps it’s the S3 Handy, which is an unpriced 88 x 57 x 11mm player with video, audio and text compatibility with the following: MPEG-4, AVI, RM, VOB, WMV, ASF, MP3, WMA, WAV, TXT, JPEG. It looks like an COWON D2 competitor. Having 8GB of storage should distinguish it from the slew of mini-PMPs coming out of China.

[via gmp3]