New mini laptop to cost under $300

SANTA BARBARA, CALIF. -- How low can they go? Since The ASUS Eee PC got super popular, competitors have been coming out of the woodwork, including Elonex, Everex, ECS, Acer, MSI, HP and others. Most of these companies have introduced aggressive pricing, but have struggled to approach ASUS's $400 entry-level price point. Now, another "killer" is planning an under-$300 laptop.

The company is Norhtec, a systems integrator based in Thailand, of all places, that specializes in tiny servers. The company is working on what they call the Gecko Laptop. The tiny system will be built by Quanta, and is powered by Linux Lite from Linpus Technologies.

The laptop probably has a seven-inch screen, possibly smaller. It has a pretty big keyboard and a touchpad. It's powered by a Via C7M ULV chip. Not much else is known about the Gecko.

According to reports, the company will announce the laptop soon, and it will sell for less than $300.

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