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Samsung Electronics: We Won't Buy HP's PC Operations

Samsung Electronics: We Won't Buy HP's PC Operations

Samsung Electronics said that it has no intention of taking over Hewlett-Packard's personal computer business.

The comment came amid market speculation that the South Korean electronics giant may buy HP's PC business after the U.S. firm last week unveiled plans to sell or spin off its personal-computer business. The web was abuzzed with speculation following a Bloomberg report that claimed HP planned to dump its PC business and make a massive US$10.3 billion acquisition.

(Source: MarketWatch, Inc.)

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