Intel, Asus Announce $199 'Eee PC'

TAIPEI — Asus and Intel have teamed up to develop a $199 notebook PC, the companies announced here on Tuesday.

In a keynote address given by Sean Maloney, an executive vice president at Intel and chief marketing and sales officer, Jonney Shih, chairman and chief executive of Asus, was invited on stage to unveil the "Eee PC," an inexpensive laptop designed to help spread computing to poorer regions.