Samsung a leading Korean company just announced that they are going to launch Samsung Wave (S8500) an Android based headset with certified support of DivX HD playback 720p, to be exact.
Samsung wave offer 1GHz processor, 5 megapixel camera , A super AMOLED 3.3-inch display which can support 800 x 480 resolution, aGPS, accelerometer, 802.11n WiFi, TouchWiz 3.0, Bluetooth 3.0. This handset can support multi-codec support for DivX, XviD, MP3 and WMV, and support for virtual 5.1 surround sound and 720p recording / decoding.
After Samsung wave their next handset will be Samsung Galaxy S which is also based on Android OS with super AMOLED screen 4-inch, 1GHz processor.
Source Engadget