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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.

(Copyright 2012 by CBS San Francisco. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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