Olivetti S.p.A. is an Italian manufacturer of computers, tablets, smartphones, printers and other such business products as calculators and fax machines. Headquartered in Ivrea, in the Metropolitan City of Turin, the company has been part of the TIM Group since 2003. One of the first commercial programmable desktop calculators, the Programma 101, was produced by Olivetti in 1964 and was a commercial success. In the 1990s, Olivetti's computer businesses were in great difficulty, reportedly because of the competition from US vendors and new cheap manufacturers for PC components in Taiwan like ASUS, MSI, Gigabyte and so on from which local system builders profited much to offer cheaper PCs than Olivetti did with their own designs. It was on the brink of collapse and had needed government support to stay afloat. More information...
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