HP TO SUPPLY PRINTERS TO LG ELECTRONICS INC

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HP TO SUPPLY PRINTERS TO LG ELECTRONICS INC

 user 2010-09-29 at 8:11:40 am Views: 63
  • #24097

    http://www.bloomberg.com/news/2010-09-16/hewlett-packard-will-supply-printers-to-lg-elec-electronic-times-reports.html
    HP TO SUPPLY PRINTERS TO LG ELECTRONICS INC
    Hewlett-Packard Co., the world’s biggest personal-computer maker, will provide printers for LG Electronics Inc. to be sold under the LG brand, the Electronic Times reported today, citing people it didn’t identify.The two companies are ironing out details of the plan, under which HP may start supplying printers as early as next month, the Seoul-based newspaper said.

    LG restarted a printer business at the end of last year under a similar deal with Lexmark International Inc., after pulling out of the market in 1995 because of low profitability, according to the report. LG decided to partner HP to expand its product lineup and increase market share, the newspaper said.