VLC has finally hit Android in beta form, the company announced through its Twitter page. This version is NOT stable and is slower than the final version. VLC for Android plays most local video and audio files, as well as network streams, like the desktop version of VLC.
VLC is having a media library for audio and video files, and allows browsing folders directly. It supports multi-track audio and subtitles. It supports auto-rotation, aspect-ratio adjustements and gestures to control volume. It also includes a widget for audio control, supports audio headsets control, covert art and a complete audio media library.
Android, here we come!
— VideoLAN (@videolan) June 18, 2012