Intel invests $1bn in low cost PCs for developing countries
Date: 6 May 2006
Intel, the world's largest manufacturer of computer chips, has launched a new personal computer designed to provide low cost but good quality machines for developing countries.
The machines, currently labelled 'eduwise' will have wireless networking capabilities and will be able to run either the Microsoft Windows or the Linux operating system.
The company said that the move was part of a $1bn investment by the company in promoting the use of computers in developing countries. "No-one wants to cross the digital divide with yesterday's technology" said a spokesman.
Intel has already agreed a deal with Mexico to provide low cost PCs to 300,000 teachers over the next year.
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In a recent article, the BBC's economics editor Robert Peston highlighted the fact that in 2012 the chances are that the economy - punch drunk as it is from the various flavours of debt crisis it has been pummelled with over the course of the year - will be hit by the collapse of a major bank and / or government.
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