So apparently the Venezuelan government will partner with China's Lang Chao International to produce low-cost PCs named after South American revolutionary Simon Bolivar for Venezuela's domestic market. The government, according to President Hugo Chavez, will invest $6.26 million in the venture, and expects to sell desktop PCs for as little as $350. No word on specs, though we hope for that price the boxes will include an OS and a monitor, given that it's already possible to pick up a low-end, OS-free PC from a major brand like Dell for a similar price (though, of course, establishing a domestic brand is at least as important to Chavez as low prices). Chavez eventually plans to extend the Bolivar brand to laptops and cellphones as well. Viva!