$100 Laptop Price Hits $188
3 million orders, fourth price increase for One Laptop Per Child
By Kevin Spak,  Newser Staff
Posted Sep 15, 2007 9:01 PM CDT
A student learns how to use a "hundred-dollar" laptop computer given to her days earlier by the One Laptop Per Child project at a public elementary school in Villa Cardal, Uruguay, Wednesday, May 16,...   (Associated Press)
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(Newser) – The famous but increasingly misnamed “$100 laptop” will actually cost $188—the fourth price increase for the innovative device designed for nonprofit group One Laptop Per Child, reports the AP. While still a bargain, the bump could scare off developing governments fixed on the “fanciful $100-per-child figure,” observers fear.

One Laptop Per Child blamed the hike on a host of factors, including fluctuating exchange rates and rising costs for nickel and silicon. The group said it still had commitments for 3 million of the hand-powered, wireless-enabled machines. Brazil, Libya, Thailand and Uruguay are among the countries hoping to distribute the rugged machines to their children.