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. (Read more One Laptop Per Child stories.)