HP Inc. (HPQ) is reportedly considering sourcing memory chips from Chinese manufacturers for the first time, a notable shift in its procurement strategy amidst a global memory shortage. Concurrently, HP renewed its multi-year agreement with Karamba Security to license XGuard cybersecurity software for its printer products, emphasizing HP’s commitment to security while adjusting its supply chain. This move to potentially diversify memory chip suppliers comes as major memory producers focus on high-bandwidth memory for AI, and HP balances cost-effective sourcing with robust cybersecurity for its devices.
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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 notable shift in its procurement strategy amidst a global memory shortage. Concurrently, HP renewed its multi-year agreement with Karamba Security to license XGuard cybersecurity software for its printer products, emphasizing HP’s commitment to security while adjusting its supply chain. This move to potentially diversify memory chip suppliers comes as major memory producers focus on high-bandwidth memory for AI, and HP balances cost-effective sourcing with robust cybersecurity for its devices.