HP Aims to Top $100bn in 2008 and Plans More Cost Cuts
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Hewlett-Packard Co expects to follow 6% growth to $97bn in 2007 with a 4% to 6% increase to a range of $100.9bn to $102.8bn in 2008, with expansion driven by its computer hardware and printing business.
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(InfoWorld) - Quanta Computer, the world's largest contract laptop PC manufacturer, already has confirmed orders for one million notebook PCs for the One Laptop Per Child (OLPC) project, a company representative said Thursday. The OLPC project is aimed at ensuring children around the world don't miss out on learning how to use computers. The fear is that the high cost of computers is keeping too many people in developing countries from learning how the software, Internet and communications benefits of computing can improve their economies, job prospects and lives, a conundrum commonly referred to as the digital divide. Quanta is manufacturing the OLPC laptop, andÂ mass productionÂ is the key to slashing its cost. Currently,Â the laptops cost around $130, but the goal is to whittle down the price to $100. The groups involved in the OLPC project, including the MIT Media Laboratory that launched the effort, chip maker Advanced Micro Devices, and Linux software developer Red Hat, believe they can reach that goal once millions of the laptops are being produced annually, and had set a target to reach that price sometime in 2008. Quanta said it could ship between 5 million to 10 million units this year because seven nations have already signed up for the project. That may be enough to reduce the costs and meet the $100 goal sooner than expected. The governments that have committed to buy laptops for their schoolchildren include Argentina, Brazil, Libya, Nigeria, Rwanda, Thailand, and Uruguay. Quanta expects to make a small profit on each machine. "OLPC is a nonprofit organization, but Quanta is a contract manufacturer, a for-profit business. We can't not charge a fee for making the laptops," the representative said. What the company is doing is helping find ways to cut costs as much as possible. The company became famous by slashing production costs to a bare minimum and figuring out ways to further reduce the cost of laptops themselves. Apple, Dell, and Hewlett-Packard are just some of the companies that farm out notebook PC orders to Quanta, which manufactures the products at factories in Taiwan and China. The company is using its expertise to keep OLPC laptop production costs to a minimum. "This is our chairman's pet project, it's his life," said the president of Quanta, Michael Wang, at a company Lunar New Year celebration last week. People across much of East Asia celebrate the Lunar New Year, which falls on Feb. 18. The chairman of Quanta Computer is Barry Lam. Â
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Hewlett-Packard Co. , the world's number-two PC maker, said on Friday it has launched a 3,999 yuan (&#36;483) computer in China, turning up the heat in the intensely competitive market.
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Hewlett-Packard Co , the world's largest personal computer maker, said on Wednesday it will double its Taiwan headcount between now and 2009 as part of its strategy to expand its product development on the island.
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SEATTLE, DEC 9: Hewlett-Packard Co will be under pressure to sell its personal computer business after IBM&#39;s decision to sell its PC operations to China&#39;s top PC manufacturer, but analysts said the No 2 computer maker would hold on to its $25 billion PC
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Hewlett-Packard Co. said it has launched a 3,999 yuan ($483 in the US) computer in China. HP&#39;s new model, part of its Pavilion series, features a central processing unit (CPU) from Advanced Micro Devices Inc.
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SAN JOSE, Calif. _ Hewlett-Packard this week announced three initiatives to reduce workforce costs even as it reported strong growth in revenue and profit because of brisk holiday sales of consumer products such as laptops and photo printers.
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(InfoWorld) - Hewlett-Packard Co. is sticking with processors from Advanced Micro Devices Inc. (AMD) in a new family of blade PCs designed to compete with offerings from IBM Corp. HP announced its BladeSystem bc2000 and bc2500 products on Monday, promising to reduce IT management costs and improve data security for corporate buyers by replacing traditional desktop and notebook PCs. Specialist blade manufacturers like ClearCube Technology Inc. and Wyse Technology Inc. also compete in this segment, as vendors see growing demand from businesses that struggle to balance security and compliance regulations with an increasingly dispersed and outsourced workforce. The new BladeSystems are the desktop version of HP's range of remote computing products. They fit between a blade server arrangement for workers with light computing needs and a blade workstation system for engineers and stock traders. In all three models, the user connects to a remote processor and data storage by accessing the office network with a desk-based access device such as a thin client. Since the main computing resources are located in a single, controlled data center, the corporate IT department can cut management costs by making hardware repairs and applying software patches remotely instead of visiting numerous workers at their desks. HP is selling the bc2000 for US$1,000 per unit when a company buys 10 of the machines. Although that is up to twice the price of a traditional desktop, the IT department can pay off the difference in 12 months of operation, said Tate Davis, CCI product manager for HP's consolidated client infrastructure group. IBM is chasing that same market with its HC10 blade and a TC10 thin client from its partner Devon IT Inc., both launched in May. IBM also targets midrange business users, but uses an Intel Corp. Core 2 Duo processor, 8G bytes of memory and 60G bytes of storage. In contrast, HP upgraded its previous blade PC -- the BladeSystem bc1500 -- by increasing the storage from 40G bytes to 80G bytes, the memory from 512M bytes to 1G byte, and the processor from an AMD Athlon 64 1500-series chip to Athlon 64 2100-series (for the bc2000) or dual-core Athlon 64 X2 (for the bc2500). The extra power meets user demands for a blade PC capable of running Microsoft Corp.'s Windows Vista Business edition and its fast graphics handling, Davis said. "Customers say 'If we're going to do thousands of units for a wholesale desktop replacement, we need this thing to support Vista, we need a graphics look and feel equivalent to a desktop PC, and we need a little more processing power than the bc1500, our previous generation,'" Davis said. The bc1500 ran Windows XP Professional. HP says that power allows the bc2000 to outperform other blade computing designs, since it accesses those new processors over a dedicated link instead of through a "time-share" network where multiple users tap into a single blade computer. "The IT department is being asked to do more than keep the trains running on time," Davis said. "They also have to help the end user comply with disaster continuity and recovery, handle outsourcing and offshore jobs, and maintain high security and compliance with the data." The bc2000 is shipping now, with the bc2500 to follow by late July. Pricing for the bc2500 has not yet been announced. Â
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Hewlett-Packard continues to diversify and streamline its business according to goals Chief Executive Officer Mark Hurd set when he joined the company nearly two years ago. But the IT giant still needs to cut costs to achieve operational efficiency, the company's top executive told members of the financial community on Tuesday.
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(InfoWorld) - Hewlett-Packard Co. (HP) has set up an SOA (service-oriented architecture) center in Bangalore, India, which will be one of five SOA centers run by HP worldwide. The Bangalore center will focus on building SOA competency within HP, delivering SOA services to HPâs customers and also host customers who want to run proof-of-concepts for their SOA implementations, said Shrinivas Gorur, head of the center, on Friday. The center is part of HPâs proposed US$500 million investment in SOA for enterprise customers, Gorur said. He did not disclose how much HP invested in the Bangalore center. HP, of Palo Alto, California, also has SOA centers in Sophia Antipolis, France, and Tokyo, with two more planned in Singapore and Cupertino, California, by January, Gorur said. With about 125 staff, the Bangalore center will work closely with HPâs 6,500 staff involved in delivering SOA to customers worldwide, Gorur added. IBM Corp. last month set up an SOA Solutions Center in Pune in western India, focused on developing reusable SOA services for a variety of customers. HP's Bangalore center will focus on reusability at the design level rather than of specific code, because of potential intellectual property issues, Gorur said.
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Hewlett-Packard Co. HPQ.N will be  under pressure to sell its personal computer business after  IBM's decision to sell its PC operations to China's top PC  manufacturer, but analysts said the No. 2 computer maker would  hold on to its $25 billion PC division for now.
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Hewlett-Packard Co , the world&#39;s  largest personal computer maker, said on Wednesday it will  double its Taiwan headcount between now and 2009 as part of its  strategy to expand its product development on the island.
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HP appears to have maintained its lead over Dell as the world's largest PC supplier in the third quarter of 2007, extending a slim margin it established last year.
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Hewlett-Packard Co. HPQ.N, the  world's number-two PC maker, said on Friday it has launched a  3,999 yuan ($483) computer in China, turning up the heat in the  intensely competitive market.
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Hewlett-Packard surged ahead in the PC market last year a new report confirms.
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In his keynote to the HP Technology Forum, CEO Mark Hurd says company must continue to reduce costs so it can invest in innovation.
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HP (NYSE:HPQ)(Nasdaq:HPQ) today announced that the Philippine National Bank (PNB) is leveraging HP's Core Banking Hardware infrastructure and systems management as it transforms its global IT banking environment over the next three years.