Hitachi Pulls out of PC Business
Hitachi one of the leading global electronics company is pulling out of the business for selling personal computers.
The firm is headquartered in Tokyo, Japan, with approximately 384,000 employees worldwide, and offers a range of products including information systems, electronic devices, power and industrial systems, consumer products, materials and financial services.
The firm said that it is pulling out of the personal computer business because it want to focus mainly on larger network systems for businesses and that it wanted to scale back to PC production at its central Japan plant.
The move by Hitachi showed that it had been struggling to compete in a PC market dominated by US firms Dell and Hewlett-Packard and China's Lenovo, said analysts.
In the US Hitachi markets and manufactures a range of electronics, computer systems and products, IT services and industrial equipment.
The electronics group had been Japan's eighth largest PC maker with its main PC brand being Prius.
Hitachi's spokesman said that the firm wants to develop new computers for use in the broadcasting industry, since it is becoming more digitalized.
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