iRiver's parent company Reigncom and Korean cellular carrier KT have announced the release of the iRiver Wave, seemingly jumping the previously publicized March 9th 2009 launch. The handset - which includes WiFi for media streaming, internet access and VoIP - will initially be available at ten "iRiver Zones" in Korea, before more mainstream availability.
The Wave has a a 3-inch, 480 x 272 touchscreen and in addition to mobile media (including audio downloads) has an FM radio and e-dictionary. Internal storage is 4GB, expanded via miniSD, and the handset comes preloaded with access to the Bugs Music Service for on-device media downloads. The media player can handle MP3, WMA, OGG and MPEG 1/2/2.5 audio files, and MPEG-4 (30fps 480 x 272) video files.
It's unclear what price the Korean carrier is asking for the Wave. As usual, there's no word on a release in the US or Europe.