Tuesday, 30 August 2011

HP may resurrect short-lived TouchPad

Hewlett-Packard Co. (HPQ-N) may resurrect its TouchPad as it weighs a spinoff of its personal computer arm, the head of its PC division said, suggesting HP might revive a tablet that lasted just six weeks in the face of stiff competition from Apple Inc.

HP stunned markets two weeks ago, when it announced it may shed its PC business – the world’s largest after the $25-billion (U.S.) acquisition of Compaq in 2002 – as part of a wrenching series of moves away from the consumer market. Those included killing off the TouchPad tablet computer.

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