Palm Foleo to be revived as WebOS netbook?

We recently discussed how Palm’s WebOS operating system could be perfectly suited to netbooks. Well it seems that Palm may be sharing that opinion according to an analyst from Global Equities Research, who says that it is poised to introduce a netbook of its own.

The device would be based on the Foleo and will reportedly run its WebOS operating software. Palm’s Foleo device was originally announced in May 2007, before the netbook revolution started. It was a subnotebook device running on Linux intended as a companion device for PalmOS and Windows Mobile smartphones. Palm cancelled the Foleo in September 2007.

Analyst Trip Chowdhry says that the device will basically be a revised version of the Foleo and will be powered by an ARM chipset. It will also use a Gobi 3G wireless chip from Qualcomm to give it an estimated 8-10 hour battery life. Apparently, Palm’s netbook is being designed by three former Apple employees who worked on the iPod.

The device will carry a $399 asking price according to the report although availability wasn’t mentioned. I imagine Palm will first be concentrating on getting the Palm Pre out of the door. Whilst only a rumour for now, Palm has stated on numerous occasions that the WebOS will power a family of products and has said in the past that a Foleo follow-up is not out of the question.

Via Electronista.