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Short Take: Hyundai to abandon PC market

Hyundai Electronics said it will exit the PC business, just one month after spinning off its PC manufacturing division. Meanwhile, the South Korean company's mainframe business will be transfered to sister company Hyundai Information, according to Korea's Maeil Business Newspaper. Hyundai Information employs some 400 employees and posted sales of 130 billion won ($92.2 million) in mainframes, servers, and workstations last year.

Hyundai Electronics said it will exit the PC business, just one month after spinning off its PC manufacturing division. Meanwhile, the South Korean company's mainframe business will be transfered to sister company Hyundai Information, according to Korea's Maeil Business Newspaper. Hyundai Information employs some 400 employees and posted sales of 130 billion won ($92.2 million) in mainframes, servers, and workstations last year.