H-P (HPQ), Dell (DELL) to Ramp-Up Spending in This Key Area...

November 25, 2011 7:07 AM EST
According to Digitimes Friday morning, Hewlett-Packard (NYSE: HPQ), Dell (Nasdaq: DELL), and Acer, among others, are planning to kick up R&D spending heading into 2012.

In addition to an increased investment in R&D, Digitimes said H-P's research Senior Vice President, Prith Banerjee, will now report to CEO Meg Whitman.

Dell will now be investing about $1 billion per year starting in 2012, up 51.3 percent from $661 million spent through 2011. More M&A is also planned by Dell, with additional funding being set aside for smother integration of acquired companies.

Acer, for its part, will increase its engineer count from 600 to about 1,000. One Acer executive said the globe is clearly transitioning from straight Wintel systems to a platform which runs on Google's (Nasdaq: GOOG) Android or an ARM (NYSE: ARMH)-based system.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Insiders' Blog