Electronics manufacturer Aiptek is developing a handheld camcorder with integrated digital projector.

Electronics manufacturer Aiptek is developing a handheld camcorder with an integrated digital projector. Powered by LED lighting, the device will be able to project HD video up to 65 inches diagonally, while featuring a 5 megapixel camera and 2GB of storage as well as integration with other home electronics. Set to launch in Europe this April, the camcorder is expected to hit the market at 350 euros.

Watch a video demonstration below: [via Designboom]

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