Tuesday, July 05, 2005

India closes in on $100 PC - Zeropaid File Sharing News

India closes in on $100 PC - Zeropaid File Sharing News: "MUMBAI, India--One of the critical ingredients for the $100 computer is probably in your garage.

In about three months, a little-known company called Novatium plans to offer a stripped-down home computer for about $70 or $75. That is about half the price of the standard 'thin clients' of this kind now sold in India, made possible in part by some novel engineering choices. Adding a monitor doubles the price to $150, but the company will offer used displays to keep the cost down.

'If you want to reach the $100 to $120 price point, you need to use old monitors,' said Novatium founder and board member Rajesh Jain, a local entrepreneur who sold the IndiaWorld portal for $115 million in cash in 2000 and has started a host of companies since. 'Monitors have a lifetime of seven to eight years.'"

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