Tag Archives: hp

Contract electronics manufacturing giant Foxconn banks on explosive AI popularity to drive its server business revenue in 2023.  Foxconn has forecasted significant growth in its artificial intelligence (AI) server business due to robust demand. On Wednesday, the company’s Chairman, Young Liu, said revenue generated from its AI businesses would more than double this year. Liu credited the popularity of generative AI applications like ChatGPT for stoking interest in the sector. At Foxconn’s...

The leading manufacturer of office equipment Xerox is officially launching a hostile takeover to acquire computing giant HP. According to Xerox, the company will start with nominating 11 independent candidates during HP’s annual stockholders’ meeting in April. If elected, the new board will make it easier for Xerox to acquire the PC manufacturer.The decision to play hard resulted from HP’s rejection of Xerox’s takeover bid. The price at which Xerox valued HP made up $33.5 billion. However, HP...

The latest reports reveal that Dell Technologies Inc plans to offer its business clients more flexible and on-demand buying options for various products. Some of the products featured in the new plan include personal computers and servers. This move is believed to aim at countering the lure of cloud services offered by Microsoft Corporation and Amazon.com Inc.Customers can now use Dell’s hardware on their consumption. They can use it as a service or via a subscription called the Round Rock, a...

In what can turn out to be one of the biggest takeovers, Xerox has put forward a cash-and-stock offer for computing giant Hewlett Packard. The latest report states that both companies are looking to cut costs and this merger can help them save around $2 billion in expenses.Xerox, which has specialized over the years in making printers and copiers, has an $8.5 billion market cap. This is one-third of the market cap of HP, currently valued at $27 billion. It is unclear how Xerox plans to go...

Photo: MicrosoftOn Thursday we reported of Microsoft unveiling its next generation of Surface devices including the dual-screen Surface Neo tablet and the Microsoft Surface Duo, a smaller device that seems to be for all intents and purposes a new Microsoft foldable phone.We also said that Surface Duo will have Android instead of Windows OS. However, Neo will brag with the new variation of Microsoft’s operating system to keep track of: Windows 10X.Microsoft is constantly trying to push its...