blue laser, a 1GB, 32mm MiniDisc-esque Vmedia cartridge can hold a full DVD-res movie using H.264 compression, as well as limited special features. Vmedia's demoing the tech on an upcoming Spice GSM handset, which has a 2.8-inch screen and a PSP UMD-like door for inserting the disks. The system is going to debut in India and southeast Asia with 40 Bollywood films available at launch for just $5 each, but Vmedia and Spice say they've got 1,000 more content deals in the works. No plans have been announced for the rest of the world as of yet, but we're not holding our breath.
Read - Vmedia press release
Read - Spice Movie Phone