Venturer Electronics has announced that they will start shipping their first HD DVD player, the SHD7000, in time for the holidays. This low-cost, Chinese manufactured player features 1080i video output, Dolby TrueHD audio, ethernet connectivity and the ability to upconvert standard DVD's.

Venturer Electronics today announced the launch of its first HD DVD player for the North American market. Responding to strong consumer demand for high definition video playback devices, Venturer will introduce the SHD7000 that offers the superior HD movie experience as defined by the DVD Forum.

Featuring 1080i video output and an HDMI connection, the SHD7000 is designed to be compatible with the vast majority of HDTVs already in North American consumers' homes. With Ethernet connectivity to the network , the SHD7000 also allows users to access bonus features from movie studio web servers and unlock special prerecorded content on some HD DVD discs. Dolby TrueHD rounds out the high definition experience by presenting the HD DVD disc soundtrack as it was meant to be heard, virtually equal to the studio master.
While Venturer has not announced a price for the SHD7000, they expect it be "one of the lowest among entry-level HD DVD players". If you'd like to read more, Venturer's entire press release can be found here.