A Korean company by the name of NanoVision is breaking grounds with its latest product, the MIMO UM-750. The device, which features a 7″ touch screen, TV tuner, and webcam, is available for 183,000 KRW ($147.25 USD). However, Americans and our friends across the Atlantic will be out of luck as the product is only available in Korea.

The MIMO will connect to any Windows XP/Vista computer via USB 2.0. OS X drivers are currently being developed, and the 800×400 resolution LCD also features a stylus for use with the touch screen.

A release date has not yet been set for the MIMO, but the first orders should be shipping soon. For our penny-pinching readers, a less expensive version with no touch screen or TV tuner can be had for $87. Both versions are currently up for preorder at Funshop, a Korean electronics retailer.

While the MIMO only has a 7″ inch screen, its possibilities are exciting. The device would make a great second or third monitor for IM chats, Photoshop palettes, and even maybe iTunes. If only it were available stateside…