Hewlett-Packard is selling a 51 percent stake in its China server, storage and technology storage unit for about $2.3 billion to form a partnership with Tsinghua Holdings.
Hewlett-Packard Co. announced on Wednesday that it would restructure and combine the company’s printer and personal computer units to streamline its business.
Computer and electronics giant Hewlett-Packard Co. (HP) this week reported disappointing sales and offered a weak 2012 outlook, as its new CEO tries to streamline the sprawling company to better compete in the market place.