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Rumor suggests HP considered selling PC business [updated]

Updated 4 years ago
Published Mar 10th, 2011 8:25PM EST

A new rumor suggests HP may have considered selling its PC business, with Samsung lined up as the most likely buyer. The report comes from DigiTimes and is sourced from an article in the Chinese financial paper Commercial Times. DigiTimes claims that rumors to this effect have been circulating in Taiwan since last year, however, and suggests that a sale is no longer on the table. Citing sources from upstream component makers, the report claims “the deal was called off due to an unknown reason, and there has not been any follow up since then.” The original report also noted that Lenovo was a possible buyer and even suggests Foxconn might have shown interest in the business. HP has aggressive plans to include webOS on every PC it sells beginning next year. With such an incredible in-road to users, it would seem odd for HP to even briefly consider selling off its PC business.

UPDATE: HP issued the following statement on Thursday regarding the Commercial Times report: “Irresponsible reporting by Taiwan’s Commercial Times, suggesting that HP might sell its PC business, should be dismissed as market rumor and speculation. HP runs the world’s largest PC business and it is core to HP’s strategy for the connected world.”

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Zach Epstein
Zach Epstein Executive Editor

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content.

Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment. His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.