Meg Whitman, CEO of HP, in an interview with Fox Business Network said back in September 2012 that HP is planning to release new smartphones but, didn’t specify any tentative dates. The same was confirmed by Yam Su Yin, senior director Asia Pacific division of HP’s Personal Systems Group, without any specific dates.

According to latest reports though, HP is busy collaborating with Taiwanese suppliers to bring out smartphones as early as the second half of 2013. HP’s entry into the smartphone market is seen by many as inevitable given the slack shipment numbers which are being reported by analysis firms like IDC and Gartner. Some numbers indicate that the global shipments of smartphones for the second quarter of 2013 have crossed 235 million mark as compared to 156 million during the same quarter last year.

HP’s first attempt at getting a foothold in the smartphone industry was met with an utter failure which not only saw HP spend $1.2 billion in Palm acquisition but, also abandoning of webOS development, layoffs, opensourcing of the webOS and sale of some of some of the proprietary code to LG in Feb, 2013.

With Apple and Samsung controlling over half the smartphone market HP is in for a big challenge right of the bat.