With the telecoms market so tight every company especially the giants like Nokia are looking at the alternatives for their revenues to go further north. Some time ago there was a rumour that the Nokia might enter into the laptop market and hence widen its area of business. Although at that time this was categorically denied by Nokia, rumours the Finnish mobile giant may be planning to enter the laptop computer market have resurfaced. On this occasion it was through the medium of a research note from a Union Bank of Switzerland (UBS) analyst. For a report that could just be speculative it contained a remarkable amount of detail suggesting as it did that the Nokia device would be a 9 to 10 inch notebook/tablet computer with touchpad, NFC and Linux OS.In its early days Nokia did produce computers but by the mid-1980s it had exited the business, merging its PC division with Ericsson Information Systems.
In the past of couple of years we have seen that companies like HP and Apple have moved into the smartphone business and hence taken a small share of the market. This has really affected likes of Nokia, Ericsson, Samsung and other vendors. Taking a leaf out of computer manufacturers such as HP and Apple who has moved into smartphone business, Nokia thinks that perhaps it is its time now to mount a counterattack.
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