TEAC Japan today announced the CR-H228i [JP], a new compact audio system (215×359x110 mm), which will go on sale in Nippon on November 21 (price: $500).

The system comes with two 30W speakers, is compatible with CD/CD-R/CD-RW and supports MP3 and WMA files. Next to an integrated AM/FM Radio tuner, it also features an iPod dock. For an extra $200, TEAC also plans to sell a 2-way speaker system as an add-on to the CR-H228i.

It’s unknown at this point whether the audio system will ever find its way outside Japan.