HP Will Continue Making PCs: ProPakistani

Posted: 10 Nov 2011 01:33 PM PST

After two months of internal debating over the announced closure of HP's Personal Systems Group (PSG), company has now announced that it will continue making PCs. Decision came after HP completed its evaluation of strategic alternatives for its Personal Systems Group (PSG).

"HP objectively evaluated the strategic, financial and operational impact of spinning off PSG. It's clear after our analysis that keeping PSG within HP is right for customers and partners, right for shareholders, and right for employees," said Meg Whitman, HP president and chief executive officer.

The strategic review involved subject matter experts from across the businesses and functions. The data-driven evaluation revealed the depth of the integration that has occurred across key operations such as supply chain, IT and procurement.

It also detailed the significant extent to which PSG contributes to HP's solutions portfolio and overall brand value. Finally, it also showed that the cost to recreate these in a standalone company outweighed any benefits of separation.

The outcome of this exercise reaffirms HP's model and the value for its customers and shareholders. PSG is a key component of HP's strategy to deliver higher value, lasting relationships with consumers, small- and medium-sized businesses and enterprise customers. The HP board of directors is confident that PSG can drive profitable growth as part of the larger entity and accelerate solutions from other parts of HP's business.

PSG is the No. 1 manufacturer of personal computers in the world with revenues totaling $40.7 billion for fiscal year 2010.

"As part of HP, PSG will continue to give customers and partners the advantages of product innovation and global scale across the industry's broadest portfolio of PCs, workstations and more," said Todd Bradley, executive vice president, Personal Systems Group, HP. "We intend to make the leading PC business in the world even better."

To read more, click: HP Will Continue Making PCs
ProPakistani.PK

Ufone Distributes Eid Gifts

Posted: 10 Nov 2011 01:15 PM PST

Ufone is helping to promote various green initiatives that will lead to an environmentally sustainable planet.

SOS Pakistan recently built a new establishment in Islamabad. However the village was in dire need of greenery and shade. Once again the members of the Ufone Volunteer Group availed the opportunity to be a part of an eco-friendly project and took part in making the SOS Children village in Islamabad greener. The activity was also delightful for the village children who actively took part in the plantation.

This activity comes in the wake of a successful plantation at the SOS village Lahore. Akbar Khan, Chief Marketing Officer at Ufone distributed Eid gifts amongst the children and shared a special moment of bonding with them stressing upon the importance of taking care of the planet.

The Plant-a-Tree activity was conducted at the village to promote a healthy environment and also provides shade for the children, guardians and teachers. Focusing mainly on educational institutes and hospitals, Ufone has conducted various such activities in the recent past.

On the occasion, Akbar Khan said:

By carrying out the plantation activity, Ufone wishes to strengthen its bond with SOS Children's Villages. He stressed upon the need for maintaining a healthy environment for the children of Pakistan and emphasized that these children should be nurtured into becoming environmental leaders of tomorrow.

He committed that there would more such initiatives in the forthcoming days and the children will be educated on the benefits of preserving the environment.