HP splits in two (2015)
After years of declining PC sales and failed acquisitions, Hewlett-Packard split into HP Inc (PCs and printers) and Hewlett Packard Enterprise (servers and software). The split followed a period of massive restructuring that cut tens of thousands of jobs.
Each company focused on its strengths, but both struggled to regain lost market position.
HP's example shows how a former Silicon Valley giant can shed its core identity to survive, emerging much smaller.
Like HP, Intel faces a strategic identity crisis: whether to stay a manufacturing powerhouse or become a fabless designer focused on AI. A similar split is among the scenarios analysts discuss.
