Acer has officially confirmed the availability of the Acer Stream Android-powered smartphone. The phone is powered by Android 2.1 (Eclair) with a 1GHz Qualcomm Snapdragon processor, a 512MB RAM, a 3.7-inch WVGA AMOLED touchscreen display, HSDPA, Bluetooth and Wi-Fi b/g/n connectivity. The phone provides a 2GB of internal memory, which is upgradable via a microSD memory card slot. The Acer Stream also has a 5-megapixel digital camera that doubles up as a 720p HD video camcorder. Additional features include a GPS navigation, an HDMI port, UPnP and DLNA. Too bad, there is no info on pricing at this time. Watch a preview video after the jump to get more details.