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Digital's return starts with hope

Article Abstract:

Board members, analysts and customers of DEC are optimistic about the firm's prospects. The computer vendor is expected to announce its first profit in nine quarters for 2nd qtr FY 1993, ending Jul 2, including a $2.8 billion loss in 1992. Many are praising the turnaround efforts of DEC Pres and CEO Robert B. Palmer, 52, who took over in Jul 1992 after the board forced company founder Kenneth H. Olsen to resign. Palmer, the former head of DEC manufacturing, has laid off workers, hired new executive talent and accelerated the rollout of Alpha computers, which the company views as the computer line to replace its current centerpiece, the VAX line. Palmer, who has overseen the reorganization of DEC into nine areas devoted to vertical markets or specific product categories, views 1994 as a critical year for the company.

Computer peripheral equipment, not elsewhere classified, Digital Equipment Corp., Outlook, Palmer, Robert B.

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Outsourcing to the U.S

Article Abstract:

In an effort to become a truly international company, Lenovo Group Ltd., the largest computer maker in China, is moving its head offices to the United States and handing over senior management duties to a group of I.B.M. executives.

China, Use of services, Management dynamics, Microcomputer industry, Appointments, resignations and dismissals, Executives, Company business management, Lenovo Group Ltd., Outsourcing

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