Samsung sees iPad 2 thinness, price as challenge

South Korean consumer electronics giant Samsung presented Sunday a new version of its tablet computer with a larger screen of 10.1 inches, four months after launching its first Galaxy Tab.The Galaxy Tab 10.1, which uses the latest version of Google's Android operating system, weighs 599 grams (1 pound, five ounces) and is just 10.9 millimetres (0.43 inches) thick.Samsung's first tablet, the Galaxy Tab with a seven-inch screen, was launched in October.

Tablets that match the iPad but at a cheaper price. Slimmer, more powerful notebooks. At Computex, Asia's top IT fair, manufacturers are showing how they plan to face the challenge from Apple's iconic product.Taiwan-based Compal Electronics made its name as a producer of notebooks for big-league brands like Dell and Toshiba, but it too has now joined the tablet frenzy and is just months away from launching a seven-inch device."Of course, iPad is the number one challenge," said Yeta Huang, a Compal senior engineer.

Apple's next two iPhones had already been designed before Steve Jobs died in October 2011, according to comments apparently made by a liaison officer for the company last week.

Apple’s value fell below $400bn (£265bn) for the first time in a year on Monday, as the prominent investor Warren Buffett said the company should ignore its critics and stick to running its business, reports The Guardian.