Japanese consumer and PC electronics company Toshiba has launched into the booming budget video camera market with its own new model.

Called the Camelio S30, the pistol-grip style camera weights around 130grams but captures up to 1080p (1920×1080-pixel) resolution video.

The camera features electronic image stabilisation in its three recording modes, 1080p, 720p (1280×720-pixels) and 480p (720×480-pixels), along with an eight-megapixel (8MP) image sensor.

The lens itself offers up to 16X digital zoom but no optical zoom capabilities (i.e it’s a fixed lens) while video is captured onto either SDHC or SDXC flash cards up to 64GB. Output option includes built-in HDMI connection.

The Camelio S30 is available now in Australia for $299.

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