Samsung has dismissed speculation linking the company with a possible take over of HP's PC division, despite widespread reports that the firm is planning a move for the unit.
Samsung said on its official Twitter account that it had no interest in purchasing HP's Personal Systems Group.
"The recent rumours that Samsung Electronics will be taking over Hewlett-Packard Co's personal computer business are not true. We hope this clarifies any confusion that may have occurred," the firm said.
HP's announcement that it is looking to get out of the hardware market sent shockwaves through the industry last week.
Todd Bradley, head of HP's Personal Systems Group, announced on Monday that the company expects to reach a decision on the unit in eight to 12 weeks.
Former HP chief executive Carly Fiorina, who oversaw the acquisition of Compaq in 2002 to improve the company's position in the PC market, told Bloomberg that offloading the PC division makes sense in the current market.
"Apple has changed the nature of the PC business with the iPad, and there's no question that things are moving off the desktop and into a whole other set of mobile devices," she said.
"Even a company like HP with its huge resources can't invest in everything all the time, so it's made this decision."
Fiorina is confident that HP will handle the transition well, and said that focusing on software and services is a sensible move.
"If you look back over the last couple of years [HP has] clearly been buying software companies, and it's not rocket science to say that more and more value is moving into software," she said.
"HP is very strong in the enterprise and they're making a bet they can become even stronger by focusing on unstructured data, which is what [HP's acquisition of Autonomy] is all about."
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