HP has announced that it will start selling tablets again but based on Windows 8 rather than its own, now defunct, WebOS-based TouchPad as indicated by a leak earlier this month.
The world's biggest PC manufacturer ended sales of the TouchPad last year because of abysmal sales and slashed the price of the tablet to less than £100 in a bid to clear out remaining stocks.
The announcement was made in Shanghai by the company's CEO, Meg Whitman, at the Global Influencer Summit 2012 where Todd Bradley, the company's EVP for printing and personal systems, hinted that Windows 8 tablets will come with cloud-based services to allow users to store and share content across devices.
It is likely that these tablets will be based on x86 processors (definitely Intel, potentially AMD). HP has not confirmed whether it will release tablets based on ARM technology - like the TouchPad - and running Windows RT.
Windows 8 will come in the fourth quarter of the year, just in time for the back-to-school period and the holidays. It will almost certainly be paired primarily with products based on Intel's Ivy Bridge architecture.