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LG has announced a new home entertainment multimedia hub, called the Art Cinema XF2, that can play back 1080p videos in MKV, H264, XviD and DivX format and even has an HDMI output.

The new media hub connects via a standard USB 2.0 cable to  transfer all your media files and can also play back most popular photo and music formats.

Unfortunately, LG has not set a price yet for this device and also made no mention to when or even if the device will come to the US.