Hewlett-Packard (HP) is rumored to prepare its ultra mobile PC. The China-based Commercial Times says that the Taiwanese company Inventec will be manufacturing the product. Reportedly, the new UMPC belongs to a high-end class (however the company hinted earlier at an inexpensive solution) and designed for business users. The HP UMPC is based on a 45nm Intel Penryn processor and equipped with a 8.9” display. Unofficial sources suggest that the new UMPC will be released in April-May 08 listed for some $630.