HP had lost the dominant position at the end of the last year
Focuses on premuimisation as competition intensifies
Recently, the company has also launched 'Spectre 13' touted as the world's thinnest laptop
Aggressive cost cutting helps the firm counter weak demand for PCs and printers
The move will allow the company to focus on cloud services business and other fast-growing units
The HP Jet Fusion 3D 3200 printer is ideal for prototyping, offering improved productivity and the capacity to grow usage at a lower cost per part
HP Officials said they have all elements for creating infrastructure, information technology deployment with a range of futuristic solutions
The products were unveiled at the HPE Advanced Analytics World Tour 2016
Management terms move 'embracing tough environment'; expects charges and cash payments of $300 million in current year