Xiaomi has developed a new laser-based DLP UST projector that will sell in China for around Yuan 10,000 ($1,500) and has 1080P resolution, 5,000 lumens of output and 3,000:1 contrast ratio. The projector has three HDMI ports but it also has a processor to allow full Android support. The device can create a 150″ image at just 50 cm from the wall. Lifetime is quoted at 25,000 hours and the unit uses an ALPD 3.0 light source from Apotronics.
At the moment there is no news of availability outside China, but this looks like a good value product, to us. We found a video on the product (below)