Micron Electronics said Friday it is exiting the PC business and merging with Web hosting company Interland in a $130 million stock deal that will transform the company into a hosting company. Micron ...
AI PCs are expected to make up a growing percentage of PC shipments in 2025. Next-generation PCs will require more memory capacity, which is an opportunity for Micron. Higher-memory requirements to ...
According to a press release today, Hewlett-Packard is discontinuing webOS and is looking for a “a full or partial separation of [consumer electronics division] from HP through a spin-off or other ...
IBM, which gave legitimacy to the personal computer business in the 1980s, is said to be negotiating the sale of its PC unit in a move that could reshape the industry. The company is negotiating with ...
If the deal is consummated after the due diligence phase, which could take four months, Lenovo will manufacture and market IBM-branded PCs and notebooks through current IBM channels, including IBM's ...
HP (NYSE:HPQ) on Wednesday delivered mixed quarterly results, with its personal computer (PC) business returning to revenue growth but overall sales and profit declining Y/Y. Shares of HP (HPQ) spiked ...
Hewlett-Packard considered a spin-off of its $56 billion PC and printing business as part of merger discussions with EMC, according to a CNBC video report. CNBC reported that the discussions between ...
Ending nearly a week of speculation, IBM has reached an agreement to sell its personal computer business to Chinese PC maker Lenovo for US$1.25 billion in cash, a deal that calls for Big Blue to ...
Weak PC demand and inventory corrections throughout the PC supply chain led AMD's PC chip sales to be cut in half in the fourth quarter. On top of those headwinds, Intel is likely winning market share ...
PC revenue was up 12 percent year over year during the quarter. Though printer sales declined, it is a particularly profitable business, generating operating profit of $1.03 billion compared to the PC ...
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