HP Inc. (HPQ) is reportedly considering sourcing memory chips from Chinese manufacturers for the first time, a significant shift from traditional suppliers, amid a global memory shortage. Concurrently, HP renewed its multi-year agreement with Karamba Security to continue licensing cybersecurity software for its printer products, reinforcing its commitment to device security. The company’s move toward Chinese chip suppliers highlights a strategic adjustment to global supply chain challenges, while the security renewal reflects ongoing efforts to protect its extensive product line from cyber threats.
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HP Inc. (HPQ) Balances Procurement Strategy With Security Commitments
HP Inc. (HPQ) is reportedly considering sourcing memory chips from Chinese manufacturers for the first time, a significant shift from traditional suppliers, amid a global memory shortage. Concurrently, HP renewed its multi-year agreement with Karamba Security to continue licensing cybersecurity software for its printer products, reinforcing its commitment to device security. The company’s move toward Chinese chip suppliers highlights a strategic adjustment to global supply chain challenges, while the security renewal reflects ongoing efforts to protect its extensive product line from cyber threats.