Advanced Micro Devices (AMD), a computer chip maker, has stopped production of its low-cost Personal Internet Communicator (PIC) PC, which was meant to help bring the Internet to more people in developing nations, because the machines were not profitable, the Associated Press reports via WashingtonPost.com.The information comes from a regulatory document filed with the U.S. Securities and Exchange Commission (SEC) last week, according to the AP.The PIC was first launched in 2004 and it sold for $250 with a 15-inch display, according to the AP. It was offered in such countries as Brazil, China, Mexico and Russia, though the SEC filing says the machine failed to generate strong sales, and many of those that were purchased were returned, the AP reports. AMD in the past said that it expected to make a profit on sales of the PIC, regardless of the machine’s low price, according to the AP.Within the filing, AMD attributed some $16 million in operating losses for 2006’s first nine months to write-offs pertaining to the PIC and related products, the AP reports. On Monday, AMD said it will maintain its partnerships with the nonprofit One Laptop Per Child group, which is also working to build low-cost machines for use in developing nations, according to the AP.In related news, AMD competitor Intel, another chip maker, is also producing low-cost computers meant to help bridge the digital divide, as part of a $1 billion, five-year effort. Related Links: Intel Touts New Low-Cost Laptops ‘$100 Laptop’ to Roll Off Production Lines in Q2 ’07 Microsoft Vista Starter Edition Targets Developing NationsCheck out our CIO News Alerts and Tech Informer pages for more updated news coverage. Related content BrandPost The future of trust—no more playing catch up Broadcom: 2023 Tech Trends That Transform IT By Eric Chien, Director of Security Response, Symantec Enterprise Division, Broadcom Mar 31, 2023 5 mins Security BrandPost TCS gives Blackhawk Network an edge with Microsoft Cloud In this case study, Blackhawk Network’s Cara Renfroe joins Tata Consultancy Services’ Rakesh Kumar and Microsoft’s Nilendu Pattanaik to explain how TCS transformed the gift card company’s customer engagement and global operati By Tata Consultancy Services Mar 31, 2023 1 min Financial Services Industry Cloud Computing IT Leadership BrandPost How TCS pioneered the ‘borderless workspace’ with Microsoft 365 Microsoft’s modern workplace solution proved a perfect fit for improving productivity and collaboration, while maintaining security of systems and data. By Tata Consultancy Services Mar 31, 2023 1 min Financial Services Industry Microsoft Cloud Computing BrandPost Supply chain decarbonization: The missing link to net zero By improving the quality of global supply chain data, enterprises can better measure their true carbon footprint and make progress toward a net-zero business ecosystem. By Tata Consultancy Services Mar 31, 2023 2 mins Retail Industry Supply Chain Green IT Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe