Taiwan's Quanta Computer Inc (廣達電腦) has been chosen as the original design manufacturer (ODM) for the ambitious US$100 laptop project called "One Laptop per Child (OLPC)," according to a news release posted on the Web site of the Delaware-based, non-profit organization under the Massachusetts Institute of Technology's (MIT) Media Lab.
The decision was made yesterday after the OLPC's board of directors reviewed bids from several possible manufacturing companies, the statement read. The local media had earlier reported that the organization negotiated with Quanta, Compal Computer Inc (
The initiative to develop a US$100 laptop in a bid to revolutionize global education for children was first announced by Nicholas Negroponte, Media Lab chairman and co-founder, at the World Economic Forum in Davos, Switzerland, in January.
"Any previous doubt that a very-low-cost laptop could be made for education in the developing world has just gone away," Negroponte said in the statement.
Quanta has already signed the contract with the US organization, company spokesman Tim Li (
However, since the whole project is still in the initial stage with a few technological issues that have to be resolved, such as model specifications, it is difficult to predict the exact time and quantity for mass production, Li said.
But OLPC said in the statement that Quanta has agreed to devote a significant part of Quanta Research Institute's engineering resources in the first half of next year, with a target of bringing the product to market in the fourth quarter of next year, the statement said.
Li said Quanta can benefit from the project by reinventing cost-saving production through the sharing of research and development resources with other leading global companies such as central processing unit maker Advanced Micro Devices Inc and other panel makers, which will ultimately be advantageous to their clients.
The project would not be a money-losing business that could impact the company's margin and profitability, as Quanta is a profitable organization and knows its responsibility to its shareholders, he added.
According to OLPC, the 5 million to 15 million laptops will be launched in seven culturally diverse countries, namely, China, India, Brazil, Argentina, Egypt, Nigeria and Thailand.
The organization will allocate one million units in each of these countries, with an additional modest allocation of machines to seed developer communities in a number of other selected countries. A commercial version of the machine will be explored in parallel, it said in the statement.
The laptops will be sold to governments and issued to children by schools on the basis of one laptop per child. These machines will be rugged, Linux-based, and so energy-efficient that hand-cranking alone can generate sufficient power for operation, it said.
NOT JUSTIFIED: The bank’s governor said there would only be a rate cut if inflation falls below 1.5% and economic conditions deteriorate, which have not been detected The central bank yesterday kept its key interest rates unchanged for a fifth consecutive quarter, aligning with market expectations, while slightly lowering its inflation outlook amid signs of cooling price pressures. The move came after the US Federal Reserve held rates steady overnight, despite pressure from US President Donald Trump to cut borrowing costs. Central bank board members unanimously voted to maintain the discount rate at 2 percent, the secured loan rate at 2.375 percent and the overnight lending rate at 4.25 percent. “We consider the policy decision appropriate, although it suggests tightening leaning after factoring in slackening inflation and stable GDP growth,”
DIVIDED VIEWS: Although the Fed agreed on holding rates steady, some officials see no rate cuts for this year, while 10 policymakers foresee two or more cuts There are a lot of unknowns about the outlook for the economy and interest rates, but US Federal Reserve Chair Jerome Powell signaled at least one thing seems certain: Higher prices are coming. Fed policymakers voted unanimously to hold interest rates steady at a range of 4.25 percent to 4.50 percent for a fourth straight meeting on Wednesday, as they await clarity on whether tariffs would leave a one-time or more lasting mark on inflation. Powell said it is still unclear how much of the bill would fall on the shoulders of consumers, but he expects to learn more about tariffs
Greek tourism student Katerina quit within a month of starting work at a five-star hotel in Halkidiki, one of the country’s top destinations, because she said conditions were so dire. Beyond the bad pay, the 22-year-old said that her working and living conditions were “miserable and unacceptable.” Millions holiday in Greece every year, but its vital tourism industry is finding it harder and harder to recruit Greeks to look after them. “I was asked to work in any department of the hotel where there was a need, from service to cleaning,” said Katerina, a tourism and marketing student, who would
i Gasoline and diesel prices at fuel stations are this week to rise NT$0.1 per liter, as tensions in the Middle East pushed crude oil prices higher last week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) said yesterday. International crude oil prices last week rose for the third consecutive week due to an escalating conflict between Israel and Iran, as the market is concerned that the situation in the Middle East might affect crude oil supply, CPC and Formosa said in separate statements. Front-month Brent crude oil futures — the international oil benchmark — rose 3.75 percent to settle at US$77.01
RSS