smartQ V5 has been officially released this month in China.i found it from techbonzer.the price is only $178 USD dollars.
the website is www.techbonzer.com


smartQ V5 Features :

Processor: 600MHz

Screen size: 4.3-inch,800 X480 pixels

Memory: 256MB DDR2 RAM

Storage: 2GB Flash Memory

Operating System: Ubuntu Linux(WINCE 6.0/Android option)

Language: Chinese/English

Memory card slot supporting up to 32GB microSD memory cards

Wireless: supports WiFi 802.11b/g, Bluetooth

Output: HDMI 1.3 (1080P)

Connectivity: 2.0 USB HOST supported to connect the high-speed EDGE, HSDPA network adapter or mobile phone

Warranty: One year