3GSM World Congress -- Adobe Systems has announced that video will be supported in Flash Lite 3. The updated software is expected to begin shipping in the first half of the year. Flash Video saw a huge boost in market share thanks to the emergence of YouTube. With Flash Lite 3 it will be possible for mobile phone users to browse sites like YouTube without any help from a carrier deck (though that probably isn't welcome news to carriers).
Adobe also announced at the show that it has reached 200 million Flash Lite embedded device shipments. The software is bundled with over 300 devices. Verizon Wireless is the biggest user of Flash Lite among the US carriers. It's being used to power the UI of phones like the LG Chocolate in addition to a number of widget like applications.