HP quits selling digital cameras in Asia
Aug 3, 2005 at 15:43:29 GMT
HP has announced plans to stop selling digital cameras in the Asian market. An HP spokesman told dpreview, the company wants to "increase focus on opportunities that offer the highest possible return and where the company can deliver greatest customer value." It will instead turn its attention to home printing in the region, reports ZDNet. The move is thought to be as a result of stiff competition from other manufacturers and follows the news that HP could make up to 25,000 of its workforce redundant. Digital camera sales for the region were not encouraging and research analysts IDC, showed that the company was selling so few cameras last year that it fell into the 'other' category. Outside of Asia however the company performed better, ranking no.5 in the United States and no.7 in Europe and Latin America.