Advanced Micro Devices Inc. next week plans to unveil a sub-$300 PC for the developing world as the company tries to get a jump on a potentially enormous market.
The Personal Internet Communicator (PIC) is a starter PC for markets where low costs are a requirement. It's designed to provide the most basic computing functions to users who would otherwise have no access to the Internet. The system is expected to cost $249 with a monitor.
AMD will unveil the PIC next week as part of its "50x15" initiative, in which it hopes to bring Internet connectivity to 50 percent of the world's population by 2015. Only about 10 percent of the world has access to the Internet due to cost constraints or the lack of a proper infrastructure for PC use, according to AMD's presentation materials.