Sharp has cleverly walked into the as-yet-unnoticed space between two electronic giants – the smartphone and the netbook – by introducing NetWalker PC-Z1, a mini netbook with a 5-inch WSVGA touchscreen interface, developed for the Japanese market.

The NetWalker showed up at CEATEC Japan and promises to cater to those ambiguous minds which are eternally undecided between using a chic touchscreen or sticking to the old-fashioned convenience of a tactile keyboard. The device comes bundled with 4GB memory, microSD slot, optical pointer, a USB port, WiFi and a robust battery life of 10 hours. It runs on Ubuntu and offers all the conveniences of a standard netbook in addition to being a portable electronic dictionary and e-book reader.

The NetWalker is scheduled for a late October release in Japan at a price of 44,800 yen (US $500). And oh, you can get your first impressions with this detailed unboxing from the folks over at Pocketables before you schedule that next vacation to Japan.

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