Hitachi quits PC market

Posted on Monday, Oct 29 2007 @ 01:25 CET by Thomas De Maesschalck
Hitachi announced it's going to exit the PC market:
Hitachi struggled against global powerhouses Dell, Hewlett-Packard and Lenovo in Japan, the only market it targeted. The Hitachi Prius line of PCs will continue to be sold until the end of the shopping season before Hitachi stops marketing the products.

The company’s Toyokawa factory will shift towards manufacturing server-based products for corporations. Hitachi began contracting other PC manufacturers to HP earlier in 2007. The PC sector accounted for only $608 million in revenue for the company - less than 1 percent of its total revenue.

According to numbers compiled by MM Research Institute, Hitachi managed to ship 580,000 PCs in Japan in one year. The lackluster numbers put Hitachi in eighth position behind competitors such as NEC, Dell, Toshiba and Fujitsu. Japanese manufacturer NEC also is suffering in the global PC market due to Dell, HP and Lenovo.
Source: DailyTech

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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