We recently reported that, COBY, were set to release a netbook, the Midget PC in March 2009 for under $100. Coby Electronics Corporation have made a statement saying that isn’t the case though, and not just regarding the price.

Coby are currently not producing a laptop, PC or netbook. Market and consumer trends are being monitored by Coby, however a decision hasn’t been made on whether they will begin to launch laptops. For now they will continue to focus on products such as LCD TVs, DVD players, MP3 players and accessories.

Statement from Coby:

Coby Electronics Corporation is not in fact developing or producing a laptop computer in the under-$100 price category, referred to in various erroneous reports as the “Midget PC,” “PoqetMate-7” and “PoqetMate-9.” Coby Electronics Corporation is not currently producing a PC nor is one headed to market at any price under the company’s name. While Coby Electronics Corporation constantly monitors and evaluates all consumer electronics categories, no decision has been made to develop or launch laptops, nor have there been any specifications, pricing and distribution channels created for such product at this time. Coby Electronics Corporation remains focused on producing high-quality, innovative and competitively priced products in a range of consumer electronics categories, including LCD TVs, Video MP3 players, Portable and Home DVD Players, Digital Photo Frames, iPod Docking Stations, Radios and Accessories.

Via: Slashgear

Move over netbooks, here comes another player in this ever shrinking laptop market and it goes by the monicker Midget PC. This will be brought to us by famous international manufacturer and distributor of electronics consumer-packaged goods Coby Electronics, hopefully sometime in 2009. And guess how much this Midget PC would cost? – $99.95.

Coby’s Midget PC which will be called “PogetMate-7″ and “Poget-Mate-9″ will be smaller than a netbook but not that small to be called a pocket PC or MID. Screen size would range from 7-9 inches and will not have Windows for its OS since according to COBY was already used by both Asus and Acer with their netbooks. In addition these two midget PCs will be similar with standard laptops and notebooks in their form factor.

Other specs are not yet available, but Coby plans to release this netbook by March 2009.

Via