Soulskill from the one-hip-device-per-child dept.
tugfoigel writes "According to Xconomy, 'The One Laptop per Child Foundation and Santa Clara, CA-based semiconductor maker Marvell have cemented a partnership announced last spring, with Marvell agreeing to provide OLPC with $5.6 million to fund development of its next generation tablet computer. Nicholas Negroponte says the deal, signed in the past week or so but not previously announced, runs through 2011. "Their money is a grant to the OLPC Foundation to develop a tablet or tablets based on their chip," he says. The OLPC tablet ... is known as the XO 3 because it represents the third-generation of the XO laptop currently sold by OLPC (the foundation scrapped plans for its e-book-like XO 2 computer and is moving straight to the tablet). ... The deal, he says, means the tablet's development is "fully funded."'"
Loan-department manager: "There isn't any fine print. At these
interest rates, we don't need it."