Tokyo-based electronics company Lancerlink has announced the iJector [JP] today, an LCOS projector that you can use with your iPod or iPhone. Shaped like a dock, the device makes it possible to watch video stored on your iPod on the go via its built-on stereo speakers (3W×2ch).

The iJector weighs just 120g and measures 195×145×96mm. It produces images sized up to 50 inches from 2.3m away and features a resolution of 557×234 pixels. Lancerlink says the projector also features 20 lumens brightness and comes with a lamp that has a life span of 30,000 hours.

The iJector is compatible with the following Apple products: iPod nano generation 1/2/3, iPod Video generation 5 (30 and 50GB), iPod Classic (80GB, 160GB), iPod touch (8GB, 16 GB and 32 GB) and iPhone 3.0. Lancerlink isn’t listing the iPhone 3GS.

The iJector is licensed by Apple and costs $700 in Japan. In case you don’t want to wait for it to become available outside Japan, ask the Japan Trend Shop or Geek Stuff 4 U to get one for you when it becomes available July 17.