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Walmart is doubling down on private-label tech and selling its own tablets (WMT)

The news marks Walmart 's heightened focus on producing low-cost tech products. Walmart is jumping into the tablet business, and it's yet another signal that the retail giant is getting serious about tech products. Read more : Walmart has gobbled up a slew of brands since 2010 and it's all part of a strategy to take on Amazon and win over millennials. Barnes & Noble's Nook e-reader dates back to 2009, and the bookstore chain introduced a Nook-branded tablet in 2016. But this move likely signals that the Bentonville-based retailer has its eyes on the tech business, especially given that news of the tablet follows Walmart's 2018 launch of a line of gaming PCs and laptops .

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