Teclast, China based company, introduced a new low cost MP3 player. It’s a P330, which is sold at US$47 for 256MB flash memory version. Teclast manages to make a better one at same price range with own design. The tiny P330 is built on SigmaTel STMP3502. It features a 2 color OLED display (128?64 resolution) and 2 phone jacks. It is powered by a AAA battery for up to 8 hours of playback.