South Korean Cowon company has just announced its new portable media player. The main feature of Cowon V5W is Full HD (1920x1080px) video playback support. Besides this PMP runs in Windows CE 6.0 operating system, has Wi-Fi and web browser. Other specifications of this device include 4.8 inch touchscreen with 800x480px resolution, HDMI output, 16/32/64 GB internal storage, SD external memory card slot. Cowon V5W will become available next week. The pricing starts at $325.