Korea's iRiver has recently announced the upcoming release of its NV Classic portable media player, which has a built-in DMB digital TV tuner and doubles as a GPS navigation device. A 7-inch, 800x480 resolution touchscreen and a custom Magazine interface serve as its near-exclusive controls. There is no internal memory, as iRiver instead ships the NV Classic with two SDHC memory cards. A blank 4GB card will hold multimedia files, with the device supporting MP3, WAV, OGG and WMA audio files, MPEG1-4, WMV9 and XviD videos and JPEG and BMP images. A second SDHC card contains mapping information for the navigation functionality.

The DMB tuner can only receive broadcasts in South Korea and has touchscreen controls for accessing favorite TV channels and radio presets, with users getting audio via connected headphones or via the two built-in 1.5W speakers. A car-mounting kit is also included with the NV Classic.

When the NV Classic ships in Korea at an unspecified date, it’s due to cost the equivalent of $264. It is unknown if or when the NV Classic will be available in other markets. [via SlashGear]