Pocketcams the likes of the Flip video camcorder have really had this market cornered to themselves, but it looks like HP (NYSE:HP) has a new entry in this field with their HP V1020h which was announced at the PMA.

There isn’t a lot of detail for this new pocket sized camcorder but we do know that it will feature a 2x digital zoom and is capable of 720p HD recording. The device will also feature an integrated USB connector for video sharing and an HDMI port for previewing recorded digital video in its native resolution.

For internal storage, the V1020h will ship with 128MB of memory that can be further expanded using optional SD cards. Expect to see the HP pocketcam this summer when it will launch at the rock bottom price of $109, making it a legitimate competitor to the Flip and other similar pocketcams.

Via: Gizmodo