In an interview during Ceatec, a Japanese trade show, Hitachi has announced the development of a Blu-Ray camcorder set to be released in one or two years. They are hoping to release it by this Fall.

For now we only get to see mock-ups. The actual Blu-Ray mechanism is still in development (on paper,) but Hitachi gave an overview of the camcorder's specs. Instead of a 12-inch CD, the camcorder will use an 8-cm CD. While the smaller disc would hold less data, it would still hold a considerable amount considering the 50GB capacity of a standard Blu-Ray disc would still be significantly even when cut down.

The camcorder will also have a "5.3 megapixel CMOS sensor capable of recording at full 1,920 x 1,080 resolution" and could record "up to 7GB of MPEG-4 AVC/H.264 video on 8cm BD-RE/R media or 5 times less on 8cm DVD-RAM/RW/R discs."