Canon announced the new PowerShot TX1 HD camcorder which looks like Sanyo’s Xacti cameras. Canon PowerShot TX1 features a 7.1 Megapixel CCD image sensor, 10X optical zoom, 4x digital zoom and the DIGIC III image processor. The TX1 can record movies in 1280 x 720 HD resolution (16:9) at 30fps. It supports up to ISO 1800 and has a 1.8-inch TFT LCD screen. THe PowerShot TX1 uses SD or SDHC as storage media.
Canon PowerShot TX1 measures 88.8x29x59.9mm and weights 220g and will be available in Mid March.
More pics after the jump.