Quoting the Commercial Times, DigiTimes says the upcoming Asustek device will be based on Intel's Classmate PC platform and that it will include a processor and core logic by Intel. In addition to the $199 model, Asustek will also make derivatives priced at $249, $299, $399, and even $549. All five models will include a 7" LCD panel from AU Optronics as well as a solid-state drive for storage. The capacity of the built-in SSD will range from 1GB to 40GB depending on the machine's price tag.
DigiTimes doesn't specify whether Asustek will sell the notebooks under its own brand name or simply act as an original design manufacturer for another company. Asustek reportedly intends to ship five million Asus-branded notebooks this year out of total notebook shipments seven to eight million. (Thanks to Engadget for the tip.)