On the 1st of October at Adobe MAX 2007 in Chicago, new version of flash player for mobile devices - Flash Player Lite 3 was launched. It is based on Flash Player 8 desktop so it’s not huge leap compared to previous 2.x version. There is added support for FLV video format using both codecs Sorenson and On2 but without alpha channel. Now it can play streaming video from FMS but doesn’t support camera and recording. There were some performance aspects improved but it still lacks bitmaps, filters and focal gradients. Developer Edition will be available to download in November but you can submit an email to Adobe to get it earlier. There were also released Flash Lite 3 updates for Adobe Flash CS3 and Device Central CS3.
Related links:
Adobe Flash Player Lite
Adobe Launches Flash Lite 3
Flash Lite on ForumNokia
Gary Kovacs about Flash Lite 3