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 8:12:24 am Views: 55
  • #24090

    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.