JVC calls it quits on latest handhelds

We reported before that after JVC's last failed attempt to bring an entry (the iO) to the now-thinning Pocket PC market, they were going to pick up the pieces and start anew. Their handheld was supposed to be some hot new multimedia-centric device that would blow us all away; well,
guess they wanted to prove us wrong. Now their next-gen Windows Mobile 2003 handheld has been vaporously "indefinitely postponed," which, in our little world, means they just couldn't get their act together. We won't expect to hear much from them any time soon, in other words.