Digital's return starts with hope

Article Abstract:

Board members, analysts and customers of DEC are optimistic about the firm's prospects. The computer vendor is expected to announce its first profit in nine quarters for 2nd qtr FY 1993, ending Jul 2, including a $2.8 billion loss in 1992. Many are praising the turnaround efforts of DEC Pres and CEO Robert B. Palmer, 52, who took over in Jul 1992 after the board forced company founder Kenneth H. Olsen to resign. Palmer, the former head of DEC manufacturing, has laid off workers, hired new executive talent and accelerated the rollout of Alpha computers, which the company views as the computer line to replace its current centerpiece, the VAX line. Palmer, who has overseen the reorganization of DEC into nine areas devoted to vertical markets or specific product categories, views 1994 as a critical year for the company.

Computer peripheral equipment, not elsewhere classified, Digital Equipment Corp., Outlook, Palmer, Robert B.

---

Outsourcing to the U.S

Article Abstract:

In an effort to become a truly international company, Lenovo Group Ltd., the largest computer maker in China, is moving its head offices to the United States and handing over senior management duties to a group of I.B.M. executives.

China, Use of services, Management dynamics, Microcomputer industry, Appointments, resignations and dismissals, Executives, Company business management, Lenovo Group Ltd., Outsourcing

---

Similar abstracts:

• Abstracts: Founder of Kaypro sees life in the company yet. Airlines cleared of rigging their reservation systems. Pioneer set to acquire laser disk company
• Abstracts: Untangling the tangle of a home computer network. Sorting out today's technobabble. If you want to soar
• Abstracts: San Jose: Vanna the Robot chooses the right letters. Sales Halted In Biotech Drug Because of Link To a Death. New interactive TV threatens the bliss of couch potatoes
• Abstracts: Computers still can't do beautiful mathematics. Math problem, long baffling, slowly yields; the traveling salesman problem still isn't solved, but computers can now get most answers
• Abstracts: A computer that could hear poodles. Duties ended on computer flat screens. 'Breeding' computer programs

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.