HP CEO printer business said the spin spin denied meaningful

San San - October 5th, according to foreign media reports, HP CEO Mark - (Mark Hurd) on Tuesday rejected HP's proposal to spin off the printer business.

Printer business is the main source of profit for HP, a long time ago, analysts recommend HP spin off printer business. But Hird believes that the move is of little significance for HP. Hird said in an interview with the media, said: spin off business will bring huge spending, and from time to time to make it more valuable. To spin off a business, it is necessary to determine whether such initiatives can bring a substantial increase in performance, at present I can not determine this point. On the contrary, intuition tells me that the spin off does not bring more value to HP."

Although HP printers face increasing competition from rival DELL, but Hird still believe that this business has a huge growth in HP's space. "We need to make sure that the printer business is no longer in need of funding for other businesses," he said. "We need to provide greater freedom for the printer business to capture market opportunities. We will invest a lot of money in the printer business development, in order to remain invincible in the fierce competition in the market."

HP's personal computer business has been slow to grow in recent years due to the continued downturn in the price war, but Hird is still clear that HP will retain this sector. Hird also wants to retain the personal computer business, although HP's personal computer business is facing fierce price competition, profit margins are not great.