The Register: $10 paper mobile phone to launch this year

The disposable device is the brainchild of Randice-Lisa Altschul, who has 22 patents on the technology. Called the Phone-Card-Phone, it is the thickness of three credit cards and made from recycled paper products. It comes with 60 minutes of calling time and a hands-free attachment.

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"I'm going cheap and dumb," she told The Register, revealing: "In monetary terms, I want to be the next Bill Gates."

Also in the pipeline is a paper laptop. This device, at the prototype stage, is expected to cost $20 and act as a Web access device. It is due for launch at the end of 2002.