Meg Whitman wants to see more innovation/manufacturing coming out from HP.

WorldWide Tech & Science. Francisco De Jesús.

At the Stanford Institute for Economic Policy Research's   annual economic summit at Stanford University on Friday, HP CEO Meg Whitman told  those attending the event:

"This notion that we can separate innovation from manufacturing is wrong-headed. There's an interplay between discovery and the manufacturing process,"

"I don't subscribe to the notion that we'll do all the innovation" and let other countries do the manufacturing, she said.

At HP, Meg Whitman said one of her first acts as CEO was to make HP Labs one of her direct reports, given the importance of innovation on the tech giant's future.

She said that HP has under-invested in research and development over the last four to five years. Whitman says she wants to see more innovation coming out of HP.

"I'd like to get back to organic innovation," Meg Whitman said of HP. "We've veered too much to the acquisition of revolutionary innovation."

She said that HP has under-invested in research and development over the last four to five years. Whitman says she wants to see more innovation coming out of HP.

Source: bizjournals