We have seen a massive growth in the home entertainment projectors over the past few years. Xiaomi seems to be overtaking the market with its products that cost way less than similar products by known names. While we have usually focused on its 4K projectors, there are also budget options that don't cost almost $1,500 a piece.

Fengmi M055FCN, a Xiaomi ecosystem product, is a smart DLP home entertainment projector that is currently being offered for $529.99 only (originally: $599.99). M055FCN is a small, comparatively lightweight product that comes with a battery to help you carry it on your outdoor trips, as well.

Here is the specs list of Xiaomi's Fengmi M055FCN DLP Home Entertainment Projector:

Full HD resolution, full HD image display, 4K support550Ansi Lumens clearly displayed during the dayHigh-fidelity audio, DTS + DOLBY dual technologySupport side projection, free to place to anywhereFully sealed optical system, longer life of the optical machinePower on auto focus, clear picture1.2:1 projection ratio, easy to cast 40 - 200 inches, recommended the best screen size 60 - 120 inchesBuilt-in 16000mAh large battery, easy to carry, can be used for 120 minutesMIUI TV system, AI Bluetooth voice remote controlNote: power on default Chinese, some software only supports ChineseProcessor: Amlogic T968 -HRAM: 2GB DDR3Built-in storage 16GB eMMC high-speed flashOperating system: MIUI TVLens focus: auto focusKeystone correction: + / - 45 degrees left and right + / - 45 degrees verticalWhether to support 3D: supportPower consumption: less than 65W Max. (viewing mode)Input voltage: 19V DCStandby power consumption: less than 0.5WPicture Formats: JPG, JPEG, PNG, BMP, MPO, GIF Video Formats: MPG, TS, AV, MOV, MKV, DAT, MP4, VOBAudio Formats: WMA, LPCM, MP3, AAC, M4aCompatible with: Computer, DVD, Mobile phone, TabletPackage Contents: Projector, Remote Control, Power Cord

M055FCN features a pretty neat design, making it look more like a speaker than a projector. The product is on a limited-time flash sale available for $529.99 (for first 20 units) after which the price will bump up to$549.99 in the ongoing September Sales Party until September 9 before going back to its original price. [By the way, GB is offering a free Amazfit GTR to our readers; enter our giveaway for a chance to win.]

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Head Over to This Link to Get Fengmi M055FCN Full HD Projector with 4K Support for $529.99.