Chinese manufacturer Gemei is coming out with the X21, an otherwise run-of-the-mill portable audio player save for its ability to play Monkey's Audio files. Monkey's Audio format files can be identified by their file extension, .APE. It's a lossless audio codec like FLAC, meaning you shrink the size of the song files without any hit on sound quality. These files are bigger than the average MP3 file, which is why it's so puzzling that the X21 only ships with 512MB of storage space (enough for about 1.5 CDs). Oh, wait, it's cheaper that way. Silly me.
Yes, the X21 will also play MP3, WMA, Ogg Vorbis (woo!) and WAV files. There's even an FM tuner tacked on for good measure.
Gemei's Web site hasn't been update to reflect the X21's announcement. Of course it hasn't.
Gemei X-21 goes APE [dapreview.net]
Gemei Home Page (in Chinese) [Gemei]