Category: hp
PC shipments see their largest drop in four years due to COVID-19
Many suspected PC shipments would take a hit from the COVID-19 pandemic, but now it’s clearer as to what the damage was. Canalys estimates that computer shipments fell a steep 8 percent year-over-year in the first quarter of 2020 as Chinese factories… Source
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Canalys finds PC demand surged in Q1, but shipments lagged due to supply issues
As workers moved from office to home and students moved to being educated online, demand for new PCs surged in Q1, but Canalys found that shipments actually dropped 8% in spite of this, due to COVID-19 related supply chain problems. The 8% drop was the worst since 2016 when shipments…
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Xerox drops $34B HP take-over bid amid COVID-19 uncertainty
Xerox announced today that it would be dropping its hostile takeover bid of HP. The drama began last fall with a flurry of increasingly angry letters between the two companies, and confrontational actions from Xerox including an attempt to take over the HP board that had rejected its takeover overtures.…
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HP offers its investors billions in shareholder returns to avoid a Xerox tie-up
To ward off a hostile takeover bid by Xerox, which is a much smaller company, HP (not to be confused with Hewlett Packard Enterprise, a separate public company) is promising its investors billions and billions of dollars. All investors have to do to get the goods is reject the Xerox…
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Xerox wants to replace HP board that rejected takeover bid
In Xerox’s latest effort to get HP to bend to its will and combine the two companies, it announced its intent today to try and replace the entire HP Board of Directors at the company’s stockholder’s meeting in April. That would be the same board that unanimously rejected Xerox’s takeover…
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