The CX-01 is a USB thumb-drive sized device designed to let you run Android apps on a TV. At one end of the stick there’s an HDMI adapter which lets you plug the device directly into an HDTV. There’s also a full-sized USB port for a keyboard or mouse, and a microUSB port for charging or connecting the CX-01 to a computer.
While the CX-01 is positioned as an internet TV, it’s basically a little computer. It has a 1 GHz Telechips TCC8923 ARM Cortex-A5 processor with Mali 400 graphics, 802.11b/g/n WiFi, 512MB of RAM, and 4GB of storage. In other words, it’s a lot like the MK802 Android 4.0 Mini PC — except that model has a Cortex-A8 processor.
On the other hand, the CX-01 doesn’t have a microSD card slot. That means you’re stuck with 4GB of storage unless you plug in a USB flash drive or other storage device. It also means you won’t be able to boot the device from a microSD card slot — something that currently lets you run Ubuntu, Puppy Linux, or other operating systems on the MK802.
But the Telechips TCC8923 processor isn’t nearly as common as the Allwinner A10 CPU found in the MK802, which means that there’s currently more of an independent developer community for products like the MK802.
Still, if you’re looking for a cheap device that will let you run Android on your TV for web surfing and smashing a few angry avians against inexplicably green pigs, the $53 CX-01 looks like an interesting option.