Chinese competitor to RED shown, the Kinefinitiy KineRAW S35
The digital video world has yet another twist! Shown at the Chinese BIRTV radio/film/television trade show is the Kinefinity Kineraw S35 digital video camera. You can see the main specs, pictures and a short video demo of the camera at DSLR News Shooter who has extensive coverage of the trade show at the DSLR News Shooter blog. For more on the trade-show, here is their english-speaking page at BIRTV.com.
The main specs include a Super35 CMOS sensor, PL mount with options for Canon and Nikon coming up (but no electronic control?), two choices of RAW format, 2K video, and a hopeful target price of $8000. This is apparently in the working prototype stage, so don't line up outside the store just yet!

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