HP Sells Control of China Units for $2.3 Billion to Tsinghua

Why Did Hewlett-Packard Sell Stake in China Unit?

Hewlett-Packard Co. sold a majority stake in its Chinese server, storage and technology assets for $2.3 billion to Tsinghua University, becoming the first major U.S. technology company to pass control to local owners since the government stepped up restrictions on foreign firms.

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