US start-up developing tiny computer that costs USD 6

A Californian start-up is developing a credit-card sized computer that will cost only USD 9 in its most basic form.
The company Next Thing is developing the Chip computer that will have a 1Ghz processor, 512MB of RAM and 4GB of onboard storage.
The computer also includes some networking technologies, such as wi-fi and Bluetooth.
The company is also planning to make a version of the Chip into a handheld gadget called the Pocket Chip that will sell for about USD 49.
Next Thing is seeking funding on Kickstarter where almost 13,000 people have already pledged more than USD 645,000 to the project, 'BBC News' reported.

The gadget, due to release in early 2016, could become yet another rival to the popular Raspberry Pi barebones computers which cost from USD 25 to USD 35.
However, experts have warned that the Chip's low price tag only covered the basic board.
According to hardware news site Bit-Tech, the Chip has "sacrificed a few features" in its desire to be smaller and cheaper than the Pi.