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Re:$34 Smartphone Part II – Teardown by minthd on Tuesday May 19, 2015 @07:29AM (#9569233)
Will this do:

http://www.seeedstudio.com/wiki/LinkIt_ONE

Not on a single chip , but it uses components that are aimed at smartwatches , so optimized for size.

Re:$34 Smartphone Part II – Teardown by mschuster91 on Tuesday May 19, 2015 @08:24AM (#9569499)
Unfortunately I need Linux and a bit of processing power, and especially I need a HW design that I can modify, but thanks!