Raspberry Pi Foundation (A UK based charity) developed computer which is in the size of a USB key and is designed to plug into a TV or be combined with a touch screen for a low cost tablet. he expected price is $25 for a fully-configured system (not include the monitor).
128MB of SDRAM
OpenGL ES 2.0
1080p30 H.264 high-profile decode
Composite and HDMI video output
SD/MMC/SDIO memory card slot
Open software (Ubuntu, Iceweasel, KOffice, Python)