HP plans to combine its printer and PC units

By SiliconIndia   |   Wednesday, 30 September 2009, 02:31 Hrs
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San Francisco: Hewlett-Packard (HP) considers a plan to reorganize the company and combine its printer and personal computer (PC) units. As per the plan, Todd Bradley, who leads HP's PC group would be in charge of this combined division.

As reported by the Wall Street Journal, personal computers made up around 30 percent of HP's revenue in the July quarter, with the printing group accounting for roughly 20 percent. For fiscal 2010, HP forecasts revenue growth of 3-5 percent in its PC business and 0-2 percent in its printing group. Being a PC maker, HP holds about 20 percent share of the global market.

However, an HP Spokeswoman declined to comment on this plan for merging the PC and printing divisions, to what she called "rumor and speculation."

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