Lenovo has announced a VIA-based version of its 12-inch IdeaPad S12 netbook, but at the moment it's unclear whether it will be distributed in European and North American markets.

The Nano U2250 powered S12 with 2GB of memory should end up some 25 percent cheaper than the Intel-based version without an OS. This sounds like a pretty fair deal, as the Nano U2250 is a decent CPU and the rest of the spec will probably remain unchanged.

Lenovo will also introduce an Nvidia ION-based S12 soon after Microsoft launches Windows 7.

More here.