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Palm announces new mobile device today

Palm is announcing a completely new category of product later today

Palm is to announce a "new category of mobile device" later today at the D: All Things Digital conference in California.

Palm Inc. founder Jeff Hawkins will reveal the device, which is rumoured to be the Palm Foleo - a "smartphone companion" device that syncs to a mobile. According to reports , it has a large display and full Qwerty keyboard for working on documents and email. It runs on Palm's new Linux OS.

We'll bring you the full story on the Palm announcement on later today.