Hewlett-Packard's shipments in Asia are growing at about twice the market growth rate, or about 36 percent a year, a senior executive said.

Shipments in the region for HP's Personal Systems Group are growing at about double the 18 percent rate for Asia's overall PC market, said Chin Hon Cheng, an Asia-Pacific operations executive.

"Some countries are growing at more than twice (the pace of the market), but generally, as an average, we are growing at twice," Chin told Reuters in an interview on the sidelines of an HP product launch in Shanghai, China.  

HP's personal-computer business made up about a third of the company's total revenue of $94.1 billion for the four fiscal quarters ended in January, and it has 800 to 1,000 employees in China, Chin said.

By: Docmemory
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