$100 Netbook Too Good To Be True

Rumors that Coby Electronics would be coming out with a $100 netbook have been officially squashed.

It was reported in a number of areas a few days ago that Coby Electronics Corporation would be developing mini-notebooks at a cost of less than $100 by Spring 2009. If it sounds too good to be true, that’s because it is.

The original article was from Arkansas.IndyMedia.org and has been discredited by Coby. They produced an emphatic statement which meakes it clear that the company is not “producing a PC nor is one headed to market at any price under the company’s name.”

Coby admitted that they keep their noses in all consumer markets, ostensibly including netbooks, but that at this time they are most certainly not developing a laptop. They currently produce MP3 players, LCD TVs, and other sorts of consumer electronics.

If you’re curious, Slashgear has the official statement.

Written by Daniel Shain on Sunday, December 7, 2008