After HCL Infosystems, Wipro has decided to shut down its manufacturing of computers and servers due to the changing market scenario and consumer preferences. Wipro, the country’s third largest software services player, said it would re-deploy all the affected employees in the company.
However, the company will continue to have a presence in the hardware business offering solutions in large integrated deals.
“After evaluating the changing market scenario and customer needs, Wipro has decided to strengthen its position as system integrator (SI), and increase its focus on IT solutions and services,” Wipro said in a statement.
As a consequence, the company will discontinue manufacturing of Wipro branded desktops, laptops and servers, it added. — PTI
“Our vision is to strengthen our position as a leading SI. Manufacturing our own PCs was not giving us a competitive differentiation in our SI solution offering,” Wipro Infotech Senior VP and Head Soumitro Ghosh said.
Shares of Wipro closed 2 per cent higher at Rs.491.60 apiece.