I just found this article on a German news site. It says, a new Android powered Notebook just appeared on a Chinese website. It looks like this:

The technical data of this notebook reads as followed:
| Model Name | Alpha 680 |
| Operating System | google android |
| Display | 7“ TFT LCD true color |
| LCD resolution | 800 x 480( WVGA) |
| Internet Connection (Optional) | ADSL, WiFi,( GPRS, CDMA,EDGE,WCDMA) |
| Memory | 128MB DDR2 (up to 256MB Optional) |
| Solid-State Disk | 1 GB Nand Flash Memory (up to 4GB Optional) |
| CPU | ARM11 533 MHz 32bit |
| LAN / Connection | 10/100 MB Ethernet ; RJ-45 |
| Wireless | Built-in WiFi |
| Media | Support MPEG1/2/4,H.263,H.264,WMV9 |
| USB Output | USB 2.0 x 2 |
| Media Storage | SD/MMC card slot ( support SDHC) |
| Input Device | 80 Key standard keyboard; Capacitive TouchPad |
As it is supposed to be used by kids, the artwork can also look a bit more funny:

Website: Skytone Alpha 680
More Chinese companies with Android products:
- Fake Android Phone Dream G2 SciPhone
- Real Upcoming Android Phone N12 SciPhone
- Android Phone from Huawei
Update 2009-04-28: Golem.de and Internetnews.com report this device will cost $250. Pretty cheap!
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