HP has said it will increase its long-term investment in research and development to help spur new products and services, as well as reaffirming its commitment to the mobility market, including tablets.
HP boss Meg Whitman has reaffirmed the company's commitment to R&D. Image credit: Jack Clark
Meg Whitman, chief executive of HP, said the company would continue to invest heavily in long-term research and development (R&D), in an effort to drive the company forward.
"What we have done in 2012 is increase the amount of money we spend in R&D and we're going to do that again in 2013 and 2014, and we will make very strategic bets," Whitman said at an event in Shanghai on Thursday. "What does not work in R&D is to do [it] for a year and then pull back, and then do a little more and then pull back. You have to make a long-term commitment, because what you see in HP labs today or in the printing group R&D, you may not see in the market for two or three or four years."
The company said it would continue to invest in mobility products such as ultrabooks and other mobile devices. HP did not give specific details about its tablet and smartphone plans, saying only that its Windows 8 tablet was likely to be geared towards small businesses and enterprises, rather than the consumer market.
"We have a very, very deep focus on mobility," Todd Bradley, executive vice president of HP's personal systems group, said. "Our stated tablet strategy is around partnering with Microsoft in bringing a Windows 8 tablet into the marketplace. That's not to say that is forever, I think it's clear that markets evolve and change and when we announce the roadmap of tablets you'll find a very, very compelling solution set... I'm very happy with where we're going with tablets."
Bradley also responded to a question about the chance of HP returning to smartphones, and did not rule out the possibility.
"This week is about thin and light products... as we look at other mobile solutions we'll announce those in due time," he said.
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