Samsung will not touch HP with a bargepole

Samsung has ruled out that it would be interested in buying HP’s PC business.

After HP announced that it was exploring options to sell, spin off or overhaul its giant PC and consumer hardware division to focus the company on cloud and business solutions, many strokers of beards fingered Samsung as one of the only people likely to buy the outfit.

Samsung CEO Geosing Choi dashed off a note to Wired in which he said that Samsung Electronics will not acquire Hewlett-Packard’s PC Business.

He said there was a significant disparity in scale with Samsung’s own PC business and the “complete lack of synergies.” We know what he means, we lost our synergies years ago, although we did look down the back of the sofa.

Basically the problem is too big for Samsung to swallow. It sold 64 million units in 2010.

Samsung’s goal for 2011 is to increase its PC sales by 70 percent, to 17 million units.

Yesterday we reported that HP dashed off a remarkable memorandum to Her Majesty’s press.