HP's operating profit margins in its printer business have come under pressure in recent quarters. CFO Bob Wayman has said in earnings conference calls that HP would take moves to keep margins up while trying to regain lost market share.

HP competes with Lexmark International and Dell Computer, which resells Lexmark printers, among others. HP is the biggest maker of computer printers and the No. 2 PC maker behind Dell.

Vyomesh Joshi, who runs HP's printer and PC businesses, aims to take HP out of underperforming niches, BusinessWeek reported, noting that HP would end its 18-month-old effort to break into the corporate copier business.

By: DocMemory
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