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Familiar with the situation of anonymous sources said Tuesday, HP announced a massive restructuring plan, content will be the printer and PC business merger.
Message personage says, HP will be announced today the restructuring plan, merging once the " Pearl of the crown" of the imaging and printing group into personal systems group. Message personage still discloses, according to this recombining plan, Vyomesh Joshi is responsible for HP printer will quit from the company, while the executive vice president Todd Bradley will be responsible for the combined PC and printer.
Josh is 57 years old, since 2002 who has been responsible for the operation of the imaging and printing group. Bradley is 53 years old, who once worked for Palm CEO, from the beginning of 2005 is responsible for the operation of HP's personal systems group, and now is one of the CEO candidates. HP has not yet news comments.
HP's imaging and printing group and personal systems group in 2011 total sales of $65 billion in total sales, HP in the proportion of more than 51%, the total profits reaches $6.3 billion. According to the magnitude of this calculation, the combined group sales will be much higher than the HP services group, the latter sales were $35 billion in 2011 and also is higher than enterprise, server, storage and network group. the group in 2011 sales of $22 billion the highest historical record.
A familiar with HP recombinant idea sources say, combine the two departments to HP is a cost-cutting and streamlining the business plan part of HP, CEO MEG Whitman in February 22nd earnings conference call to talk about the plan. At this meeting, Whitman had a variety of streamlining the HP business to discuss, these methods not only covers the HP how to interact with clients of the problem, but also relates to the company staff how to conduct job problem.
Message personage says, HP believed to be the two departments merged together from the operation are more meaningful. HP's imaging and printing group not only to individual consumers the sale of printer, but also to the sale of the company, and the personal systems group is also at the same time to individual consumers and companies to sell PC. According to this plan, the two departments will be more stable in one, so it can work for customer service, to provide more uniform product.
The imaging and printing group was regarded as HP financial" engine", as the HP other departments of the business to provide power, the group's global printer sales exceed any other company, but most of the profits from the sale of ink cartridges and other printing supplies, reason is associated with the printer itself compared, these products tend to higher profit rate some. But in recent years, the imaging and printing group business decline, a quarter of HP sales fell 7% to $6.3 billion, and, from the departments of the unit profit fell 32%.
HP will be the imaging and printing group business downturns attributable to the Japanese market, the reason is in the market, many printers HP by Canon ( micro-blog ) production, these printers are sold at a loss. HP said, of yen exchange rate rises to this business to cause damage, and last year Japan earthquake and tsunami disaster brought about by the supply chain and the flood disaster in Thailand also resulted in this business is impaired.
Message personage says, HP believed to be more meaningful in the two departments merged together from the operation. HP's imaging and printing group not only provides individual consumers with the printer, but also to the sale of the company, and the personal systems group is also at the same time selling PC to individual consumers and companies. According to this plan, the two departments will be more stable in one, so it can work for customer service, to provide more uniform product.
The imaging and printing group was regarded as HP financial" engine", as it provides power to the other HP departments of the business, the group's global printer sales exceed any other company, but most of the profits from the sale of ink cartridges and other printing supplies, reason is associated with the printer itself compared, these products tend to higher profit rate some. But in recent years, the imaging and printing group business declines, a quarter of HP sales fell 7% to $6.3 billion, and, from the departments of the unit profit fell 32%.
HP will be the imaging and printing group business downturns attributable to the Japanese market, the reason is in the market, many printers HP by Canon production, these printers are sold at a loss. HP said, of yen exchange rate rises to this business to cause damage, and last year Japan earthquake and tsunami disaster brought about by the supply chain and the flood disaster in Thailand also resulted in this business is impaired.
The HP CEO apotheker Leo Apotheker was once considered the spin-off, personal systems group, making it become an independent company, but the plan has been opposed by HP's board of directors, and ultimately dismissed apotheker. Whitman came to power after the shelved the project, called the PC business gives HP for the scale of the company, so that it can work with component suppliers develop more effective negotiation.
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