Monday, September 17, 2007

Nonprofit group hikes price of "$100 laptop"

nonprofit group that plans to produce low-cost computers for poor children has raised the laptops' price, a spokesman for the foundation said on Friday.

The One Laptop per Child Foundation's XO laptop will sell for about $188, up from the $176 the group announced in May, said foundation spokesman George Snell.

That's almost double the original goal of the foundation's founder, Nicholas Negroponte, a Massachusetts Institute of Technology researcher and the brother of U.S. Deputy Secretary of State John Negroponte.

Negroponte, who founded the MIT Media Lab, often refers to the product as the "$100 laptop."

Production is slated to begin in October.

"We are testing it. We are making sure all the software works," he said. "We are making all the corrections on it that need to be made before the product comes out."

The foundation plans to sell the computers directly to governments, which will provide the laptops to grammar school children at no cost.

Source: www.reuters.com

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