Hewlett-Packard Enters Ultrabook Market With $900 Laptop

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Hewlett-Packard Co., which last month abandoned a proposal to spin off its personal-computer unit, plans to introduce its first lightweight ultrabook laptop to compete with Apple Inc.’s MacBook Air.

The HP Folio laptop, has a 13.3-inch (33.8 centimeters) screen, weighs 3.3 pounds (1.5 kilograms) and is 0.7 inches thick. The PC will go on sale Dec. 7 at a starting price of $900, according to a statement. It’s Hewlett-Packard’s first entry into the ultrabook category of laptops created by chipmaker Intel Corp. The new standard offers slim designs, instant startup and all-day battery life.