HOTT MD500 Super-Budget Android MID Taunts Us On Video

Remember the 7-inch HOTT MD700 MID spotted back at CES 2010 and tipped to be arriving at distributors priced at $120 apiece?  The Chinese company is back with another, smaller model, and the best news is that it should be even cheaper: the HOTT MD500 has a 4.8-inch display and runs Android, and will be just $92 for distributors (assuming you only use microSD for storage).Video demo after the cut

HOTT are referring to the MD500 as their "iPad killer", though given the disparity between the screen sizes that seems a little tongue-in-cheek.  The 4.8-inch touchscreen runs at 800 x 480 WVGA and the whole thing is a little smaller than the Archos 5 Internet Tablet currently on the market.

Currently the MD500 runs Android 1.5 with HOTT's own UI enhancements, and inside is a Rockchip ARM9 chipset capable of multiple video codecs.  In fact the only real disappointment here is the limited battery life; HOTT reckon you'll only see 5hrs of ebook reading or 3hrs or video viewing.  Still, if it can reach the market for under $120 or so after it hits mass production this summer, we reckon there'll be a few people willing to live with that.