Thursday, February 26, 2009

Nokia to enter laptop market

Nokia, the world's top cellphone maker, is eyeing to enter the laptop industry.

"We are looking very actively also at this opportunity," said Nokia Chief Executive Olli-Pekka Kallasvuo.

Industry has rumored about Nokia's possible plan to enter the PC industry since late last year, but Kallasvuo's comment has come out as the first official admittance of such plans.

"We don't have to look even for five years from now to see that what we know as a cellphone and what we know as a PC are in many ways converging," Kallasvuo said.

"Today we have hundreds of millions of people who are having their first Internet experience on the phone. This is a good indication," he said.

While strong profit margins in the smartphone industry attract PC brands, the attraction of the low-margin computer industry is less obvious.

All leading mobile network operators and retailers are adding connected notebooks and netbooks to their portfolios alongside mobile phones. On this basis it comes as no surprise that Nokia is evaluating laptop market.

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