FORTUNE ALLIANCE has recently announced the launch of Magic Box HD Media Player. It can decode the high definition HVD movie format besides delivering Playback of Video, music and photos. It can read External HDD, Memory cards and is compatible with USB-device. Magic Box Media Player supports .srt and .sub formats. You can directly copy media files from USB device onto HDD. It also reads SD, MMC, XD, MS cards. Magic Box HD Media Player was exhibited at Computex Taipei 2008.