The ASUS Eee PC is a new series of ultra-mobile laptops produced by Asustek.

The line was first introduced on June 8, 2007 at the Computex Tapei 2007 and immediately created a buzz, due to the size and mobility of the laptop (7-inch screen) and the biggest shocker, the price.  ASUS has the Eee PC going at about $199 USD which would make it one of the most affordable laptops on the market.

The name Eee PC derives from the "three easy concepts" that ASUS aims to address with the Eee PC: Easy to learn, work, play; Excellent internet experience and Excellent mobile computing experience.

Easy to learn, work and  play
The ASUS Eee PC is compatible with Windows XP to make it easy for those that already use that operating system but it will ship with a Linux distribution out of the box.  On the default operating system, users will be able to choose from two modes: easy mode for beginners and full desktop mode for advanced users.

Excellent internet experience
The Eee PC has built-in WLAN connectivity for mobile internet access.

Excellent mobile computing experience
The small size of the ASUS Eee PC can be attributed to inclusion of a flash drive over a hard drive.  The entire laptop weighs only 0.89 kg (approx. 2 pounds).  The flash drive also gives the Eee PC a shock-proof advantage.

ASUS has so far revealed two PCs in the Eee PC line: the 7" Eee PC 701 with demos seen in black as well as in white and also the 10" Eee PC 1001.

ASUStek has not announced a release date yet but estimate that they will start shipping in July or August.

Specifications:

EeePC 701
Display:：7"
CPU & Chipset: Intel mobile CPU & chipset
OS: Linux/ Microsoft Windows XP compatible
Communication: 10/100 Mbps Ethernet; 56K modem
WLAN: WiFi 802.11b/g
Graphic: Intel UMA
Memory: 512MB, DDR2-400
Storage: 4/ 8/ 16GB Flash
Webcam: 300K pixel video camera
Audio: Hi-Definition Audio CODEC; Built-in stereo speaker; Built-in microphone
Battery Life: 3hrs (4 cells: 5200mAh, 2S2P)
Dimension & Weight: 22.5 x 16.5 x 2.1~3.5cm, 0.89kg

EeePC 1001
Display: 10"
Not much else has been said about the Eee PC 1001 yet but we assume it will have the essentially the same specs as the 701.

References:
June 5, 2007 ASUS press release http://www.asus.com/news_show.aspx?id=7317
June 8, 2007 ASUS press release http://www.asus.com/news_show.aspx?id=7378