February 11, 2009
The Hungarian unit of American IT giant HP sold 110,000 computers in 2008, 30 pct more than in 2007, and revenue, calculated in dollars, rose about the same, HP Magyarorszag deputy-CEO Kristof Takats said on February 3rd 2009.
The increase in revenue was excellent considering the effects of the global financial and economic crisis on Hungary, as well as falling computer prices, Mr Takats said. Notebook prices dropped 20-25 pct on average in 2008, and prices for low-end types fell even more. HP competes in the high-end category, so it was not affected as much by the decline in prices, he added.
HP Magyarorszag weathered the crisis in Q4 because it filled corporate and state orders that had been placed earlier, Mr Takats said.
