Finnish mobile phone maker Nokia Corp. is developing its own Tablet PC, reports MarketWatch citing an interview given by chief designer of the company Marko Ahtisaari to magazine Kauppalehti Optio. “We are working on it,” Ahtisaari has been quoted as saying.

According to Ahtisaari, a third of his working time is devoted to the development of the new tablet. He is said to have confidently talked about Nokia Tablet while adding that their gadget will stand out among all the competitors in the market including Apple’s iPad and Android tablets.

As far as timing of Nokia tablet’s release is concerned, the French newspaper Les Echos had reported, citing Paul Amsellem, senior manager of Nokia, France, who in the end of last year had said that the Finnish company is planning to launch the tablet running Windows 8 by June 2012.

Nokia CEO Stephen Elop has also maintained that the company should have a special approach towards the development of a new gadget which must be different from the many competitors in this fiercely competitive market, who are trying to challenge iPad tablet from Apple.

Nokia with its tablet running Windows 8 is a late entrant in this niche. But very confident.

In general, analysts and observers expect that Nokia will surely bring out the tablet running Windows 8 this year.

It must be recalled that in 2011 Nokia clocked a net loss of 1.164 billion euros against 1.85 billion euro profit a year earlier. In Q4 of 2011 Nokia sold 19.6 million smartphones – which were 31% less than during the same period a year earlier (28.6 million).

So, it remains to be seen if Nokia can turn its fortunes by launching a windows 8 tablet PC, though the company will make quite a late entry in this market.