What you are seeing here is the MIDhybrid from 1CrossTech, and it is an e-reader with an e-ink screen on the left and a small LCD plus keypad on the right.

It’s design is made to shift content from the LCD to the e-ink screen for browsing PDFs, spreadsheets, and so on. It is powered by Marvell, runs Android 1.6, and has 3G, Bluetooth, and webcam.

If you want to see more, then my Source was nice enough to provide a long (about 15 minute) video that you can view after the jump.

Source