Raspberry Pi Foundation
Raspberry Pi Foundation is building a tiny Arm processor, encased in a USB key. It gets network, disk, keyboard, and mouse from a USB hub, and has an HDMI port to connect to a monitor/TV. They're targeting a $25 price point, shipping later in 2011. Photos at the link.
Provisional specification:
- 700MHz ARM11
- 256MB of SDRAM
- OpenGL ES 2.0
- 1080p30 H.264 high-profile decode
- Composite and HDMI video output
- USB 2.0
- SD/MMC/SDIO memory card slot
- General-purpose I/O
- Open software (Ubuntu, Iceweasel, KOffice, Python)