Nokia confirms intentions to enter Laptop business

Nokia, being the world's top mobile phone maker, is going to enter into laptop business.

According to Reuters, Nokia’s CEO Olli-Pekka Kallasvuo was asked whether the company has any intentions of entering the market dominated by the likes of HP, Dell and Acer. His answer was that Nokia is “looking very actively also at this opportunity,”

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

"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.

It will be really tough for Nokia to succeed in laptop business as there are number of manufacturers who already dominate in the market.

Source Unwiredview