HP Expected To Combine PC, Printer Divisions To Cut Costs
PALO ALTO (CBS/AP) – Hewlett-Packard is combining its printing and PC units to save money, according to published reports.
The technology blog AllThingsD first reported the plan Tuesday citing anonymous sources.
Hewlett-Packard Co. would not comment.
The technology company has faltered recently. It said last month that it plans to spend several years turning itself around.
Hewlett-Packard faces internal problems as well as competitive threats to its PC business from tablets and smartphones.
HP is the world’s No. 1 maker of personal computers. But consumers are buying fewer PCs in recent years as they increasingly turn their attention to tablets and smartphones.
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