Stefan Mileschin

Rivals are baffled at what the maker of expensive printer ink, HP is doing setting up a deal to make its monoblocks in Foxconn's St. Petersburg factory.

Monoblock computers, where the monitor is united with the processor, motherboard, hard drive and other components are popular in Russia, particularly with government departments.

But Russian factories have not really been the same since the collapse of communism and using them to make electronics is expensive.

An HP spokesman Konstantin Kimelman, PC Category Country Manager in Russia, said that in early 2013, Russia imposed 10 percent import duties on desktop PCs and monoblocks.

This resulted in a price increase in the market, explains. Launching production in Russia reduces the dependence of prices on currency exchange rates, shortens delivery periods by 2-3 times, and makes the computers more accessible for public institutions that are required to purchase equipment produced domestically.

http://news.techeye.net/business/hp-...-their-nadgers