Hope I can Hack this also (India unveils prototype of $48 tablet computer )

It looks like an iPad, only it's a fraction of the cost: India has unveiled the prototype of a US$35 ($48) basic touchscreen tablet aimed at students, which it hopes to bring into production by 2011.
If the Government can find a manufacturer, the Linux operating system-based computer would be the latestin a string of "world's cheapest" innovations to hit the market out of India, which is home to the US$2127 compact Nano car, the US$16 water purifier and US$2000 open-heart surgery.
The tablet can be used for functions such as word processing, web browsing and video-conferencing.It has a solar power option too - important for India's energy-starved hinterlands - though that add-on costs extra.
"This is our answer to MIT's US$100 computer," said Human Resource Development Minister Kapil Sibal.

In 2005, Nicholas Negroponte - co-founder of the Massachusetts Institute of Technology's Media Lab - unveiled a prototype of a US$100 laptop for children in the developing world.
India rejected that as too expensive and embarked on an effort to develop a cheaper option of its own.Negroponte's laptop ended up costing about US$200, but his nonprofit association, One Laptop Per Child, plans to launch a basic tablet computer for US$99.

Sibal turned to students and professors at India's elite technical universities to develop the US$35 tablet after receiving a "lukewarm" response from the private sector. He hopes to get the cost down to US$10 eventually.Mamta Varma, a ministry spokeswoman, said falling hardware costs and intelligent design would make the price tag plausible.

The tablet does not have a hard disk, but instead uses a memory card, much like a mobile phone. The tablet design cuts hardware costs, and the use of open-source software also adds to savings.
Varma said several global manufacturers, including at least one from Taiwan, had shown interest in making the low-cost device.
The project is part of an ambitious education technology initiative by the Indian Government, which also aims to bring broadband connectivity to the nation's 25,000 colleges and 504 universities and make study materials available online.
The ministry says nearly 8500 colleges have been connected and 500 web and video-based courses uploaded on YouTube and other portals.