HP refuses to make suicidal leaps on pricing - The Register

Hewlett Packard has walked away from some hardware deals in the UK as the recession encourages other vendors to adopt "suicidal" pricing policies to chase corporates' shrinking IT spend.

The firm's UK boss said at a meeting in London today that it was banking on a "flight to quality" in the market, as customers reel from the recession and look for suppliers who they think are still going to be around in a few years, and weaker vendors are forced out of the market.

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