LG announced its new and also its first portable Blu-ray player that they call the LG BP650. Other than Blu-ray playback, the device is also capable of DVD upscaling and it supports Dolby True HD. The LG BP650 also comes with Ethernet LAN port that offers access to online content with the support of NetCast Online Service as well. It has a USB port that allows the user to playback content stored on a USB Storage device, and it support media formats including JPEG, MP3, DivX and MKV files. There is also a HDMI port for connectivity to your HDTV, no pricing information has been announced but the device will be released later this year.