Monday, March 2, 2009

Nokia Considers Entering the Laptop Market


Nokia's CEO says the handset maker is contemplating a move into the laptop market as a way to expand its business. While there have been rumors that Nokia has been considering making laptop PCs, it's the first time a company official has confirmed an interest in the notebook market.Nokia's comments come a week after No 3 PC brand Acer launched a foray into the phone business with eight cellphone models, joining leader Hewlett-Packard and No. 4 Lenovo in the high-growth space.
While strong profit margins in the smartphone industry attract PC brands, the attraction of the low-margin computer industry is less obvious.
"Nokia maybe nervous about entering a market segment that is already heavily commoditized, but it would be in a position to exploit its enormous scale in manufacturing, supply chain and distribution," said Ben Wood, research director at CCS Insight.

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