HP Fuels Heavy Demand From Middle East PSP Market
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HP Middle East leads the large format printing (LFP) market in the Middle East with 73% market share (according to latest IDC figures) and this is due to the ever-growing demand for graphics and outdoor/indoor media across the region.
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Hewlett-Packard surged ahead in the PC market last year a new report confirms.
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A 30 percent stake in Hewlett-Packard&#39;s Chinese operations is up for sale to the highest bidder as the company&#39;s Chinese partner looks to sell its shares.In a filing (in Chinese) with the China Beijing Equity Exchange, state-owned China Electronics Import &amp; Export Co. (CEIEC) invited bids for its stake in China HP and set a minimum price of 967 million yuan ($133 million).CEIEC will accept bids until Feb. 2 from qualified Chinese companies. Offers from financial institutions or hedge funds will not be considered, it said.HP had little to say in response to CEIEC&#39;s offer, but reaffirmed the importance of China HP to its overall business.&quot;China is a critically important market to HP and continues to hold tremendous opportunities for our business. ... Whilst we do not comment on our financial or operational plans in the future, HP will ensure its business operations remain unaffected,&quot; wrote Joanne Tan, a company spokeswoman, in an e-mail.China HP was founded in 1985 as a joint venture between HP and CEIEC. Over the years, the joint venture has been successful and China HP is a major player in key local markets, such as PCs and servers.Joint ventures are a common way of doing business in China, with foreign companies tapping the experience and connections of a local partner.In the best situations, these partnerships can help the foreign company build and grow their business in China faster than would otherwise be possible.
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HP (NYSE:HPQ) (Nasdaq:HPQ) today unveiled large-format printing technologies that offer commercial printers more choices and value when producing wide- and super-wide outdoor graphics.
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Company ramps up to increase production as demand for new handheld exceeds expectations.
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Shipments of personal computers  in the third quarter rose 12 percent, driven by strong  corporate demand and ongoing strength in Europe, the Middle  East and Africa, a market research firm said on Monday.
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Hewlett-Packard, the world&#39;s No. 2 PC maker, said Friday it has launched a $483 (3,999 yuan) computer in China, turning up the heat in the intensely competitive market.
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PALO ALTO, Calif. Shares of Hewlett-Packard are moving in heavy volume this morning as investors react to the Palo Alto-based company&#39;s strong earnings report.
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Hewlett-Packard's decision to combine its PC and printing businesses makes sense.
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Gamers have bought almost all of the first batch of Sony&#39;s new PlayStation Portable (PSP) games console, which went on sale in Japan on Sunday.
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SONY is going head-to-head with Nintendo in the battle for the handheld games console market. The company will price its long-awaited PlayStation Portable (PSP) at about Â£100 for its launch in Japan, when
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Shipments of personal computers in the third quarter rose 12 percent, driven by strong corporate demand and ongoing strength in Europe, the Middle East and Africa, a market research firm said on Monday.
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U.S. computer company Hewlett-Packard said on Wednesday it was expanding a built-to-order system for personal computers and other high volume computer products, similar to rival Dell.
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HP's Imaging and Printing Group today announced the successful completion of its Middle East corporate and enterprise Roadshow.
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(InfoWorld) - Hewlett-Packard kicked off a push into Japan's consumer PC market on Tuesday after being absent from the space for about four years. "We believe the opportunity is right," said Takafumi Oka, president of Hewlett-Packard Japan at a Tokyo news conference. "This will be an important milestone in our history." On Tuesday the company launched three new desktops and a laptop. It began marketing laptop PCs to consumers about six months ago, but the launch represents the start of a more serious attack on the home turf of local market leaders like Fujitsu, NEC, Toshiba, and Sony. HP is focusing its efforts on a direct sales model through the Internet and telephone. Additionally it will open three mini-stores inside major electronics shops in Tokyo where prospective customers will be able to try out the PCs, talk with HP representatives and place orders. Two of the stores will open on Wednesday and the third on Friday. HP's machines will be offered built-to-order and produced at an existing HP factory in Tokyo. That makes Japan the first market outside of the U.S. to have a local assembly plant for custom-ordered PCs, said Junichi Yamashita, who heads HP Japan's mobile and consumer business. As a result consumers will be able to get their PCs five days after ordering, he said. HP Japan left the consumer market four years ago after it merged with Compaq and decided to concentrate on enterprise customers in Japan. "The difference this time is that we have a better understanding we hope of the kinds of products you have to deliver to the Japanese market," said Richard Walker, vice president and general manager of HP in an interview with IDG News Service. "Also we're talking a different route to market this time. Previously we tried retail and quite honestly got killed." The direct sales model should make things different this time around, he said. "As I heard the presentation I got the feeling that HP is now getting serious about Japan," said Shunsuke Yoshizawa, head of AMD's Japanese marketing unit, at the news conference. Yoshizawa said Japanese consumers tend to be "very picky" when it comes to buying a PC and putting their trust in a brand. The company wouldn't name a specific goal for its reentry into the consumer market but said it hopes to achieve a double-digit market share. Doing so would make it a major player in the Japan consumer market. In the third quarter of 2006, the latest period for which figures are available, only four PC makers enjoyed a double-digit share of the entire PC market, according to IDC. NEC led the market with a 20.8 percent share, second was Fujitsu at 18.6 percent, third was Dell with a 13.5 percent share and fourth was Toshiba at 10.3 percent.
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HP Middle East announced today the launch of an innovative program for its Inkjet and LaserJet printer users in the Middle East called 'Dial A Cartridge'.
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For the time being, Hewlett-Packard will keep the crown as the world&#39;s biggest spender on semiconductors, according to a report released on Monday.