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The report notes that Dell is "coming to the low-cost notebook party relatively late, compared to other first-tier vendors such as Hewlett-Packard (HP) and Acer'.

However, the key word here is cheap as the Dell E series low-cost notebook will be priced at only US$299, some US$100 cheaper than Acer's offering, according to the report.

Market analysts estimate that Dell will ship 2-3 million of these low-cost units this year alone.