We can't confirm the name is actually "blue," but from the looks of it iubi's got a new portable media device in the pipeline with Bluetooth (we hope for A2DP), a 4.3-inch display with optional T-DMB receiver. We should probably see this thing debuted later this week at CeBIT, just don't get your hopes up about this thing seeing a US launch (at least not any time soon) -- you all know the drill by now.

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iubi's blue media player with Bluetooth