HP bought Palm in order to fast-track its venture into the smartphones market, and had recognized the importance of getting the rights to the popular software immediately. "More importantly we acquired webOS," Cador told the conference in Barcelona.
Going by revenue, Hewlett-Packard is the world's largest technology company, but it would risk falling behind if it didn't target the highly profitable smartphone market. Palm's intellectual property has provided it with its own weaponry to fight against rivals like Apple, which dominates the market.
Dell, Lenovo and Acer are also pushing into feature-packed smartphones as the sector continues to grow rapidly.
Written by: James Delahunty @ 6 Oct 2010 15:37
