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FXI's Cotton Candy is a computer no larger than a packet of gum. According to The Verge, it features a 1.2GHz dual core processor, 1GB of RAM and a Quad-Core ARM Mali-400MP GPU. There's WiFi and up to 64GB of expandable memory via a micro SD card on board too.
On one end is a MicroUSB port which feeds power to the device, while the other end features an HDMI-out port, essentially converting any modern display/TV into a capable monitor.
Users register online and download their desired operating system, a choice between Ubantu and Android 4.0. If they nominate Android, users will also have access to the Android's marketplace.
FXI is currently taking pre orders of the device at US$199, with the company's website claiming it will be available from March 2012.