Adobe Launches Flash Lite 3

Adobe® Flash® Lite™ 3 now supports Adobe Flash Player compatible video and enables the delivery of dynamic Web content on mobile devices. The new version includes support for Flash video (e.g. on YouTube), and Adobe says the aim is to more closely replicate the experience of Flash on the desktop.

Flash Lite 3 will be available as a stand alone player for existing S60 3rd Edition devices (at least via developer channels) and will shipin the ROM of future Nokia devices.

You can read about it here and here