20 Jul '11, 11am

Samsung launches Galaxy Tab 10.1 to compete with Apple's iPad

Samsung Electronics launched a thinner and lighter version of its Galaxy tablet in its lucrative home market on Wednesday, trying to halt the runaway success of Apple iPad. The Galaxy Tab 10.1 is an upgraded version of the 7-inch Tab introduced in October. Samsung is Apple's nearest rival in the booming mobile device industry as it leverages its cost competitiveness and access to chips and core tablet components. It has sharply narrowed the gap with Apple in the smartphone market, but remains a distant second in the tablet market, which research firm Gartner forecasts will surge to 108 million devices next year from an estimated 70 million in 2011. Pricing for the new product, slightly thinner and lighter than the iPad 2, starts from US$500 (S$607), the same price as the iPad 2. REUTERS

Full article: http://www.todayonline.com/TechandDigital/Digital/EDC1107...

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