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The PWS700BA by Chinese manufacturer Hivision is a 7" netbook that runs on Google's Android OS. It's powered by an 600MHz ARM9 based Rockchip RK2808 processor and comes with 128M RAM, 1GB storage, built-in WiFi 802.11b/g, built-in microphone and speakers, and an 80 keys keyboard.
The netbook weighs only 1.43lbs (650g) including the 2500mAh Lithium battery, that is stated to last a mere 1.5 hours on Hivision's product page. This seems way to little for such a low power device.
The PWS700BA ships with Android OS and typical apps like Web browser, an office suite, instant messenger, email client, and media players with support for Flash, AVI, XviD, DivX, MPEG4, and RMVB.
There is no information on availability and price I can find on Hivision's Web site, which should definitely contain more details about the products they want to sell.