Dell plans global smartphone foray: report

Dell has confirmed that it will enter the smartphone market, with plans to sell handsets in Asia, Europe and the US.

Speaking at its annual financial presentation in Texas, Dell consumer division president Ronald Garriques said the company planned to work with the top three to four operators, and their requirements will shape any subsequent handset development, said.

Ashok Kumar, analyst at Collins Stewart told investors he expects Dell to soon release an Android-powered phone in China.

But he warned that Dell handsets could fail to offer advantages over established handset market players in either price or features.

Dell's profit sank 63% year-on-year in Q1, with revenue declining 23%, but the company told investors it expected improved revenue in Q2.

Dell stock on the Nasdaq fell 8% to $11.97 yesterday.