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Under pressure in the mobile phone market Nokia is looking enter the fast growing notebook market in an effort to generate additional revenue.

Under pressure in the mobile phone market Nokia is looking enter the fast growing notebook market in an effort to generate additional revenue.

According to Reuters Nokia Chief Executive Olli-Pekka Kallasvuo said in an interview to Finnish national broadcaster YLE on Wednesday that his Company was looking for new business opportunities and that the notebook market was a logical fit.

“We are looking very actively also at this opportunity,” Kallasvuo said, when asked whether Nokia plans to make laptops.

“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,” Kallasvuo said.

“Today we have hundreds of millions of people who are having their first Internet experience on the phone. This is a good indication,” he said.

Nokia’s comments come a week after No 3 PC brand Acer launched a foray into the phone business with new  mobile phone models, joining leader Hewlett-Packard and No. 4 Lenovo in the high-growth space.

“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.

For more see www.reuters.com

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