HP sells $2.3 billion China unit stake to forge partnership with Tsinghua Unigroup
Hewlett-Packard Co will sell a controlling 51 percent stake in its China-based data-networking business to China`s Tsinghua Unigroup for at least $2.3 billion, forming a partnership designed to create a Chinese technology powerhouse.
May 22, 2015, 09:24 AM IST