Currently the cheapest laptops being sold by Lenovo is Chromebook N20. Spotted first by folks at apothetech it is called IdeaPad S20-30 and is on sale for 269 Euros in several German shops.
Right now it is not on sale anywhere in Europe so keep an eye on the stores.
The Lenovo IdeaPad S20 is a laptop with a display size of 11.6-inch (1366 x 768 pixels) and comes with an anti-glare coating. Powered by dual-core Intel Celeron N2830 Bay Trail processor, the Lenovo S20 comes with 4GB of RAM and a 320GB or 500GB hard drive.
Also present on board there is a WiFi 802.11n module, Bluetooth 4.0 , a USB 3.0 port, two USB 2.0 ports and an HDMI output.
The operating system is Windows 8.1 64bit. Powered by a battery of 24 Wh, this Lenovo notebook measures 300 x 205 x 20 mm and weighs 1.31Kg.
It will be offered with 32GB of SSD storage and faster processors such as a Pentium N2930 and Celeron processor N3530 as well.