Products like this can fill the gap in the market for people who understand that contrast, lumens, and HDR matter more than 4K.
I looked up the specs of the chip, it's 0.47 and true 1080p (not e-shifted faux-1080p like some other pico DLP versions which would be awful for 1:1), but the chipset to control it has a 150Mhz max input pixel clock, which means 1080p60 max, as usual:
To get 120hz inputted to the DMD's controller, it can't be more than 720p, regardless of surrounding electronics or the manufacturer's intent. So that means my dream of owning a single chip 1080p 120hz-capable projector can only be done with the 300Mhz UHD DLP chips.
Still, it's interesting that the contrast is this good (if the number is true), it's a smaller chip compared to the older DC3 / 4s at 0.47 vs 0.66 inch, but it does have 17 degree mirrors so that's likely why.
I thought these new smaller mirrors were the cause of the UHD DLPs having worse contrast than the 1080p units, despite the fact that they're also 17 degree. But apparently not.
I think these are the same mirrors which begs the question: why aren't we seeing any 4K DLPs with 3000:1 native? We should be able to, if this marketing is actually accurate. It's definitely way more in the realm of possibility than the ridiculous dynamic contrast numbers people always try to shuck and jive us with.