After reading the article on golem.de about it:
Yes. It's basically an e-ink digital photo frame with BT-connection.
No own format support than raw image data.
Rendering, transfer, etc. is completely depending on what the corresponding (android) app will support. This awful waste of internal storage is market-speech insofar sold as an advantage, that the actual computing hardware in the device can be kept at a bare minimum.
Could be a nice add on toy if someone hacks it's BT data transfer protocol allowing individual use of the frame.
Let's just say: The rediscovery of dumb terminals.
Keeping in mind, that companies still try to sell 'clouds' as something new and shiny, I just ask myself how much of old computing tech concepts will be necro-revived for mobile devices.
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