Hewlett Packard Co. this week released a new update to the webOS software for the HP TouchPad.

The webOS 3.04 update includes snappier performance, a new camera app to take pictures and record video, and faster app store loading.

HP Aug. 19 price cut the TouchPad 16GB SKU to $99.99 from $499.99 and the 32GB SKU to $149.99 from $599.99 due to lackluster sales.

HP released the TouchPad tablet series in July in a Wi-Fi 16GB SKU and 32GB SKUs.

Both include a 1.2Ghz Qualcomm Snapdragon Dual-Core CPU, 1GB RAM, and the webOS operating system in a 1.6 lb. device.

Despite powerful specs, the TouchPad held tepid demand at launch with 25,000 units sold.

However, clearance of the product in Aug. led the TouchPad to become an in-demand item nationwide.

HP in Aug. said it will manufacture a limited quantity of TouchPad tablets in the fiscal fourth quarter of 2011, which ends Oct. 31, to meet demand.

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