Hewlett-Packard will release laptop PCs with low-power processors and will increase its focus on touch technology because of customer demand amid declining PC sales and a 32% decrease in profit in its fiscal second quarter, industry watchers say. The company also is unveiling a new desktop series. The product releases come as HP aims to streamline operations, with more than 20,000 layoffs planned in the next several years, Poornima Gupta writes.

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