Philips is about to release its first multi-function portable media player on the market. Called the CAM, this pocket-friendly device weights less than 70gr and comes equipped with a built-in 2MP digital camera for capturing both images and videos. It also features a 2-inch 26 million color LCD display, a 4GB of internal memory, a microSD card slot (up to 32GB), MP3/MP4 functions, an FM radio, a voice recorder, a photo viewer and a TV-Out interface.

No word on pricing and release date at the moment.