Like the name sais and as you can clearely see from the above picture this is a video projector with an iPhone dock. It allows you to watch videos from your iPhone on a 15 to 27 inch display. Also has a set of 2W stereo speakers.
It has a 0.44" panel with 4:3 aspect ratio and manual focus that provides a 640:480 resolution, enough for videos from your iPhone. It has a 5W led lamp which will last forever, but is only able to provide a 200:1 contrast. For more details see Honlai's website: honlai.com.tw