We have seen many cheap or value netbooks around, but could this be the cheapest the netbook on the market so far? It is the Lanyu eBook LY EB01 and it comes from Shenzhen in China, where else? Clearly, you are not going to get a super set of features, but then what would you expect for $98! Whether it ever ends up in or Europe or the US is another matter though.
ARM powered netbook comes with 266 MHz AK7802Q216 processor
7″ 800 × 480 TFT LCD display
WinCE 5.0 operating system