Samsung: Were not buying HPs PC biz

So, that personal computer business that HP doesnt want anymore? The one with the largest market share in the world? Samsung isnt interested either. On Samsung Electronics official blog Wednesday, the company attempted to put an end to rumors that it was considering taking over HPs laptop and desktop unit:

The recent rumors that Samsung Electronics will be taking over Hewlett-Packard Co.s personal computer business are not true.

We hope this clarifies any confusion that may have occurred.

Whether its because Korean companies like Samsung dont often acquire foreign companies often or a multitude of other possible reasons, this is not a huge surprise, as we wrote earlier this week. The entire PC industry is struggling and theres not another major PC maker thats in a great position to take the laptop and desktop business off HPs hands.

Image courtesy ofsamsungtomorrow

Related research and analysis from GigaOM Pro:
Subscriber content. Sign up for a free trial.


Comments

Post a Comment

Popular posts from this blog

Samsung asks ITC to ban the import of Apple devices

Image
The back-and-forth in the patent dispute between Samsung and Apple continues, with Samsung filing a request for a U.S. import ban against the iPhone, iPad and iPod, FOSS Patents reports . The complaint was filed with the International Trade Commission (ITC) on Tuesday. The ITC is a government regulatory body, which acts independently of the courts. Apple seems to be gearing up for a preliminaryinjunctionrequest in its legal case against Samsung in the U.S. District Court for the Northern District of California, but it hasnt sought any action from the ITC, unlike in previous cases against competing smartphone manufacturers such as HTC . Samsungs move is a clever way to beat Apple to a potentially hobbling import ban, since the ITCs decision is independent of the ongoing court case, and a final decision is reached within a fairly set time frame of 16 to 18 months, once the ITC agrees to investigate. Apple is likely to respond with a complaint of its own, according to FOSS Patents Floria...
Keep reading

China to make Tesla the next BMW

Image
Tesla's China business is booming Hong-Kong traded Tencent, a company best known for its WeChat messaging app, disclosed in a Tuesday filing that it's  taken a 5 percent stake in Tesla for $1.78 billion.  The investment follows Tencent's new stake in taxi-hailing app Didi Chuxing, which can be accessed through WeChat. "I think Tencent likely wanted exposure to a company that was growing very quickly in electric and autonomous" vehicles, said Tasha Keeney, an analyst on the  ARK Industrial Innovation ETF (ARKQ) , whose top holding is Tesla. "We think the autonomous mobility as a service market could be $10 trillion in gross sales globally by the early 2030s, and companies like Tesla or  Baidu  could take a cut of that," she said. Tesla declined to comment to CNBC. Tencent did not respond to emailed requests for comment. A Tencent spokesperson  told The Wall Street Journal  that "Tesla is a global pioneer at the forefront of new te...
Keep reading

Who Will Create iTunes for the Cloud?

Image
If youre like me, your digital media life is messy. If I were to take inventory of where all my digital media resides, the list would include Flickr, Facebook, iTunes, Android, Netflix, YouTube, Picasa, Flipshare, Amazon, Kindle, iBooks, Windows PC, Mac, iPad and so on. Like I said, a mess. And while Im an early adopter, Im probably not very different from tens of millions of consumers who face digital media anarchy every day across the various screens, accounts and software populating their life. Apple is the first company to even come close to helping us manage this chaos, with iTunes. After it was first introduced a decade ago, the service becamehugely popular partly because it was the first cohesive management tool for first music, then later other types of media. But iTunes has gotten flabby with age , and the creaking has gotten more noticeable lately as the cloud becomes more and more important for digital media storage. In a way, iTunes has become the Windows of consumer medi...
Keep reading