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Monday, April 29, 2024

HP growth strategy looks to new product categories

Global PC market remains stagnant

Mr Lores says companies with the ability to build their reputation as trustworthy will succeed in the future.

Global tech and computer giant HP Inc is planning for future growth opportunities by focusing on solutions and user experiences beyond the personal computer (PC) market amid global economic headwinds.

Among the company’s new product and service categories are hybrid work portfolios, artificial intelligence (AI), security and sustainability products.

Despite economic challenges and a stagnant PC market, HP wants to expand core businesses and create new growth opportunities for the future, Enrique Lores, HP president and chief executive, said at the company’s…

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