Optoma is winning the race to build the world's first pico-projector, the near-mythical mini projector that can throw up a display much larger than the source device's—think iPods, digital cameras and smartphones—screen. Optoma's pico will use the DLP chipset, support composite video quality and run on Li-ion batteries. The projector will make it to market later this year in Europe and Asia, before coming stateside in 2009. No word on pricing, press release after the jump. [Optoma]
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