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HP's first quarter fiscal 2024 net revenue was $13.2 billion, representing a 4.4% decrease (4.9% in constant currency) year-over-year. [27] [28] HP's strong operating activities in the first quarter of fiscal 2024 generated $121 million in net cash. The company also reported a positive free cash flow of $25 million for the quarter.
HP's stock dropped by about a further 40% after the company abruptly announced a number of decisions: to discontinue its webOS device business (mobile phones and tablet computers), the intent to sell its personal computer division (at the time HP was the largest personal computer manufacturer in the world), and to acquire British big data ...
HP Inc. retained the old HP's personal computer and printing business, as well as its stock-price history and original NYSE ticker symbol for Hewlett-Packard; Enterprise trades under its own ticker symbol: HPE. At the time of the spin-off, HPE's revenue was slightly less than that of HP Inc. [3]
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This was the first mainland China plant built by Quanta Computer in December 2000 to focus on OEM and ODM production and currently employs nearly 30,000 people. Huangjian Tang, Quanta's Chairman for China, manages seven major plants, F1 to F7, two large warehouses, H1 and H2, and the Q-BUS Research and Development facility.
Acer's subsidiary in India is Acer India (Pvt) Limited, and was incorporated as a wholly-owned subsidiary of Acer Computer International, Ltd. in 1999. It is a notable vendor in key segments such as education, desktop computers, and low profile notebooks for education. The head office is in Bengaluru, Karnataka. India rose to become Acer's ...
Sprout by HP (stylized as sprout) was a personal computer from HP Inc. announced on October 29, 2014 and released for sale on November 9, 2014. The system was conceived by Brad Short, Distinguished Technologist at HP Inc., who along with Louis Kim, Head of the Immersive Computing Group at HP Inc., co-founded and led a team within HP Inc. to develop and productize the computing concept.
Following HP's acquisition of Compaq in 2002, this series of notebooks was discontinued, replaced with the HP Pavilion, HP Compaq, and Compaq Presario notebooks. The OmniBook name would later be repurposed for a line of consumer-oriented notebooks in 2024, replacing the old Pavilion and Spectre series of notebooks.
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