The vaunted "$100 laptop" that Massachusetts Institute of Technology researchers dreamed up for international schoolchildren is becoming a slightly more distant concept.
Leaders of the nonprofit One Laptop Per Child that was spun out of MIT acknowledged Friday that the devices would cost $188 if mass production, expected to begin this fall, were to start now. The last price the nonprofit had announced was $176; it described $100 as a long-term goal.
Spokesman George Snell said a variety of factors were at play, including currency fluctuations and rising costs of such components as nickel and silicon. He said the project was committed to keeping the price from rising above $190.
While less than $200 for an innovative, wireless-enabled, hand-powered laptop is a relative bargain.
More Here