Today, Panasonic announced a new 4K UHD Blu-ray player.

Called the UB700, it has been designed to  be similar to the previously announced UB900, but it’s a lot cheaper with a few fewer features. That said, it is still both 4K UHD and HDR compatible.

Panasonic announced it with the following statement:

“The DMP-UB700 incorporates a newly developed 4K-ready engine: the 4K High-Precision Chroma Processor, by using an original, highly accurate multi-tap process, it delivers beautiful, natural pictures with life-like depth, vivid colours and high-contrast dynamics. The DMP-UB700 also has an original 4K Direct Chroma up-scaling function so that it can deliver 4K-quality pictures with high resolution and beautiful colours from 2K content.”

It doesn’t come with the sound capabilities that the UB900 features, however, if you have a separate audio system already, then that won’t really matter.

The UB700 does come with twin HDMI outputs, with support for the DSD and ALAC high-resolution audio formats.

On top of that, the UB700 will be compatible with DLNA for media streaming, with Ethernet and Wi-Fi connectivity, alongside Panasonic’s smart platform for watching VOD services and 4K content sharing.

That all said, one of its biggest advantages is its price point, which is just £500 in the UK.

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