First UMPC -- Samsung Q1

In May 2006, the first UMPC hit the market -- Samsung Q1 at price of 1,099 dollars.

It comes with following features:

Intel Celeron M processor 900MHz
40GB hard drive
512MB memory
7" WVGA TFT widescreen touch screen display with 800x400 resolution(switchable to 800x660, 1024x600)
2 USB 2.0 ports
8 way joystick
Build-in wireless LAN(802.11g), 10/100 Ethernet LAN, Bluetooth
Build-in MP3 player
2 Build-in array microphones, 2 build-in 2W stereo speakers, headset plug, volume control button
External monitor connector
Microsoft Window XP 2005 Tablet PC Edition

It is based on a join project by Microsoft and Intel:
http://origamiproject.com