Flextronics wins huge contract from HP

It will produce as many as 2 million netbooks for 2010

Flextronics recently won orders for two million netbooks from American computer giant HP for 2010 through the vendor's e-bidding system with a manufacturing quotes of US$45 for each unit – as reported by Digitimes.

The main reason for Flextronics to get this offer was the ridiculously low price quoted. Apparently Flextronics’ quotation of $45 per unit is way below the industry average of $70. If this goes on, it’ll sure make the netbooks darn cheap in coming days.