OLPC may launch $350 laptop by Christmas

BOSTON (Reuters) - The One Laptop Per Child Foundation could to start selling its XO laptops to consumers by Christmas, a foundation executive said on Monday. Instead of the project $180 price, the OX will initially sell for just $350, or twice its production cost, although the group is also considering a $525 price tag.

As the foundation prepares for mass production of its first model, the XO, to begin in October, it is looking for ways to subsidize manufacturing of the devices so that it can get more of them into the hands of poor children. It is looking at selling the machines over the Internet and talking to companies with "a big presence on the Web."

Full details at Reuters.

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Hopefully the Asus Eee won't experience the same price increase as its delivery date approaches although the OLPC did previously announced they may sell the XO to the private sector at a higher price.