HP reconsidering PC unit spinoff, report says

HP logoHewlett-Packard is reconsidering its decision to spin off its personal computer business after new analysis indicated the spinoff costs might outweigh the benefits, according to a report in The Wall Street Journal.

The spinoff was announced during an earnings call in August by then-CEO Leo Apotheker as part of an effort to refocus its business around other core competencies. Apotheker used the same call to announce the company would discontinue WebOS devices, including the TouchPad tablet.

"The analysis is under way now," an HP representative told the Journal. "We said we would explore all options and that Meg would make a decision based on the data."

Meg Whitman, who took over the reins of the company following the ouster of Apotheker in August, hasn't publicly announced the fate of the PC unit but has said HP must determine whether it wants to spin off the PC unit "as fast as we can."

However, HP has reportedly been under pressure from manufacturing partners to keep the PC unit inside the company. Growing concern about the fate of HP's PC unit is pushing "channel operators" to switch their orders from HP to brands such as Dell, Acer, and Lenovo, Digitimes reported in September.

HP Executive Chairman Ray Lane held out the possibility that the Personal Systems Group would remain inside. "Our intent all along was to look at whether there was a benefit to investors or to customers," he said in a conference call last month. "[But] if it cannot be stronger on the outside--delivering better equipment and technology than our competitors--it stays inside."

HP is the world's largest PC maker, with revenue of $40.1 billion in the most recent fiscal year.

Source: CNET

Tags: HP

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
Galaxy Note10 really is built around a 6.7-inch display
 
You may still be able to download your content
 
Facebook, Messenger and Instagram are all going away
 
Minimize apps to a floating, always-on-top bubble
 
Japan Display has been providing LCDs for the iPhone XR, the only LCD model in Apple’s 2018 line-up
 
The 2001 operating system has reached its lowest share level
 
The entire TSMC 5nm design infrastructure is available now from TSMC
 
The smartphone uses a Snapdragon 660 processor running Android 9 Pie
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 / 2
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
 
 

News Archive

 
 
SuMoTuWeThFrSa
      1
2345678
9101112131415
16171819202122
23242526272829
3031     




Poll

Do you use microSD card with your phone?
or leave your own version in comments (15)