HP Gears Up To Release Android Tablets

Hewlett Packard1588877 / Pixabay

Hewlett-Packard Company (NYSE:HPQ) is shifting its focus from desktops and laptops to tablets. According to a new report from ReadWrite, HP plans to release several new Android-based devices.

HP Gears Up To Release Android Tablets

Sources claim that the first HP-Android tablet will feature a Nvidia’s Tegra 4 chip, which was previously shown at the Consumer Electronics Show earlier this year. So far, there is no word on whether or not this will include smartphones. A representative for HP reports that the company won’t respond to such rumors.

This isn’t the first time Hewlett-Packard Company (NYSE:HPQ) tried to venture in the mobile market. Three years ago, the company purchased Palm for $1.2 billion, and about a year later it introduced two smartphones as well as the TouchPad tablet. Unfortunately for HP, its mobile devices flopped as sales failed to meet expectations.

Hewlett-Packard Company (NYSE:HPQ) also considered leaving the personal computer business, but fortunately, when  chief executive officer, Meg Whitman, came into the picture, the company put a halt to thoe plans. Despite HP’s decision to stay in the computer business, the company hasn’t given up on the mobile market.

Google Inc (NASDAQ:GOOG)’s partnership with HP could prove beneficial to both companies, especially since the search engine/mobile giant lost Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) to Microsoft Corporation (NASDAQ:MSFT). This move would also be crucial for HP as the personal computer market is decreasing quickly. According to ReadWrite, an anonymous source claims the new device will be introduced soon and should officially enter the market around  second or third quarter of 2013.

Currently, Hewlett-Packard Company (NYSE:HPQ) offers a laptop/tablet combo called Envy X2, which currently uses Windows 8 operating system, and this is the only product that’s remotely like a tablet/computer. However, it looks like this could change this year.

At press time, there was no word on what the new HP Android-based tablets will feature, nor do we have an official date as to when we can expect these devices.

For exclusive info on hedge funds and the latest news from value investing world at only a few dollars a month check out ValueWalk Premium right here.

Multiple people interested? Check out our new corporate plan right here (We are currently offering a major discount)

About the Author

Anna Peel
Anna Peel is a professional writer. In the past four years, she has written for many websites including BSC Kids, Wasabi Media Group, Boomtron, and many others. She currently live in Savannah, Georgia and occasionally blogs about fashion during her free time.

Be the first to comment on "HP Gears Up To Release Android Tablets"

Leave a comment