HP’s Imaging and Printing Group (IPG) overachieved financial targets in the Middle East region by a record 116 percent for the year 2003.
HPs Middle East market has been deemed as one of the best performing over the last few quarters, with no exception in the third quarter of 2003, as this has provided the best financial results to date for the region. This financial achievement has been attributed to the successful launch in August of a completely new range of consumer products, which is reflected in the market growth figures.
HP's IPG business unit includes commercial and consumer imaging and printing devices, hardware, and publishing systems. The unit aims to build services capabilities through consulting and integration, managed services and outsourcing, and break-fix services, in order to support some of the group's overall customer strategies.
HP employs about 500 people in the Middle East region. HP has been present in the Middle East since 1968, and opened its first regional office in 1994 and has offices in Dubai, Abu Dhabi, Riyadh, Jeddah and Khobar, Cairo and Ramallah servicing the Gulf Cooperation Council (GCC), the Levant and Egypt. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
