I was reading that Jointech JL7100 happened to be the cheapest notebook available on the market.But now Jointech JL7100 now had a new competitor known as LanYu LY-EB01.The new netbook is now reatailed at $98 as the world’s cheapest netbook available.
Something about this Lanyu netbook:

LanYu, a Chinese company based in ShenZhen has developed an even cheaper netbook product targeted for those that are tight of budget but still looking for a lightweight and good companion while traveling around. Named as LY-EB01, it is currently retailed at 666 RMB, or equivalent to $98 and is known to be the world’s cheapest machine in netbook market.