HP Chinese increase market investment in Lenovo rear to maintain deterrence

After the reform, layoffs spending $1 billion 100 million of the huge cost, IT giant HP last week's earnings performance is still much better than Wall Street's expectations. Reported that HP achieved a quarter of $22 billion 900 million in revenue last year, and for the first time in recent years, the balanced growth of the various product groups, including the growth of computer groups, especially the industry surprised.

HP's new chief executive officer Hird's reform began to show results, the company's operating costs are controlled in the same range as competitors. Hird has just announced that HP will lay off 15300 people worldwide, more than the original plan of 14500 people, which will save nearly $2 billion per year for HP.

So far, HP has become a stock the best performance of the Dow Jones index this year, the annual growth rate of more than 35%. compared with DELL and IBM are poor performance, just released DELL's quarterly performance could not even reach Wall Street expectations.

Over the past few months, Lenovo has hinted that HP will gradually put down second place. But reporters noted that HP unprecedented layoffs have not affected the basic China market, instead is to increase the channels and investment in R & D, even launched a special computer products for the Chinese market, obviously the purpose is to maintain deterrence in the rear area of lenovo.