This projector is Texas Instruments Pico Projector and it looks quite cool. It can project a 15 inch screen on to a wall and also in to a well lit room. It works by shining tiny red, green and blue lasers on to a micro mirror in a similar way to how DLP works. To save on power, the later versions will use LEDs. The good news is that this technology is not far away and we could expect to see some mobile phones with built in projectors sometime next year.
Via: PopSci