HP has ordered the production of 100,000 to 200,000 new TouchPads set for a late October release, after announcing last week that it would release another batch of TouchPads to meet demands.
This move comes as an effort by the company to make amends with component suppliers and channel operators left with excess inventory due to the sudden discontinuation of the TouchPad. It appears HP decided it is cheaper to build and sell the remaining tablets at $99 than deal with contract termination fees from its major suppliers, in addition to strained relationships in the future.
According to a DigTimes report, HP originally requested orders for 900,000 to 1.1 million TouchPads to its partner, Inventec, though has received deliveries of 800,000 to 900,000 units. The same sources noted that since vendors cut the tablet’s price to $99 nearly all shipped TouchPads were sold out.
Despite the prospect of lacking OS customer support, consumers still crave the $99 slate. In the height of the TouchPad fire sale, Amazon sold all its 16GB models in 25minutes and its 32GB versions in 4 minutes.
While HP is producing one last batch of TouchPads to meet “unfulfilled needs,” the company has apparently abandoned production for a 7-inch model of the tablet, with Inventec stating that there will be no more follow-up orders for TouchPads from HP.