Montreal firm creates low-cost tablet

By Staff | January 31, 2013 | Last updated on January 31, 2013
1 min read

Montreal-based tech firm DataWind has created a low-cost tablet it says will revolutionize education in the developing world, reports The Daily Beast.

The company has “partnered with the Indian government to begin providing its low-cost tablets to the country’s estimated 220 million students. The real cost of the tablet is $40 but the Ministry of Education is subsidizing half the price. The partners hope the money local governments will save on printing textbooks (which are currently provided to students) will be redeployed toward the tablet, making them free for young generations who are being disenfranchised by an overloaded and undermanaged education system,” the report explains.

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The staff of Advisor.ca have been covering news for financial advisors since 1998.