Two New Handhelds From Korea
Gamepark and Gamepark Holdings are putting out new handhelds very soon, they're the guys who released the GP32 a few years back which was known for it's great homebrew scene.
First up we have the XGP from Gamepark, which boasts a 480x272 screen, 200MHz ARM920T CPU, 64MB RAM, WiFi, TV-out and SD slot. I'm guessing that it'll be open like the GP32 and feature plenty of multimedia options.
Next up is the GPX2 from Gamepark Holdings, it features a 320x240 screen, both ARM920T and ARM940T CPUs, 64MB RAM and an SD slot. It's going the more compact, basic route with more processing power than the XGP. It'll be geared towards the homebrew scene and support all kinds of media. Gamepark Holdings is actually taking design suggestions as we speak and they've already got shots of a prototype.
http://www.gpx2.com/product/img/bgallery5.gif
Both of these handhelds are quite promising and could serve as cheaper alternatives to the PSP for those looking for an emulation/media machine. I don't think either will pose a serious challenge in the mainstream market, but they should prove a nice distraction.