JVC has announced the launch of its latest Everio GZ-MG740 HDD camcorder with larger 40GB storage capacity, which is 10GB more disk space than its predecessor – GZ-MG730. Both model feature 10X optical zoom, 7.38-megapixel CCD sensor and shoot 720 x 480 pixel video on a tiny 1.3-inch hard disk.

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The new JVC Everio GZ-MG740 (Hard Disk Drive) video camera which measures 68mm x 69mm x 119mm and weights 380 grams will be available at ¥100,000 or around $942.

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