Published on January 22nd,2011 at 11:26 AM
By >Daimaou - G.G-B

China to take over Japan, one company at a time, Lenovo to take control of NEC’s PC business.

China to take over Japan, one company at a time, Lenovo to take control of NEC’s PC business.

It will be not surprising to see more and more Chinese company taking over Japanese companies asset or business entirely, and yesterday Reuters reports that NEC and Lenovo are in the final stage of talks to transfer NEC’s PC Business under Lenovo’s control.

With just 18% of the PC Business in Japan and almost inexistent overseas, NEC definitively need help when it comes to boost its market share in this very competitive world.

Luckily for NEC, the consumer PC business represent a small percentage of the company business activity and we still have a long way to go before Lenovo acquire NEC entirely.

Via Reuters
Category Desktop Laptops
              
Related Articles


 

0

Is this LG’s future Tablet?

9

Unleash your DSLR Raw power by checking your Camera Micro AF settings!

Comments
 

  • Colin

    NEC is still something like 6 or 7 times bigger than Lenovo. Lenovo merely bought a portion of NEC’s PC market – though they will continue to sell NEC computers. There is no way Lenovo could ever take over a giant like NEC. Honestly, this website sometimes…

    • Siberian

      Totally agree with Colin. I guess NEC decided to get rid of unprofitable assets. Just like IBM did some years ago.

    • Jeff

      You guys know so little when it comes to unprofitable business. I work for Lenovo and we have outpaced the industry by over 30% this past year and now have double digits in market share behind Dell. So we took a unprofitable business with IBM and made it very profitable.

    • G

      It’s not profitable for IBM because they pay very good salary and obey every (well, maybe most) law.

  • http://Website seki

    That is not how China takes over countries .. It buys up their sovereign debt (bonds) .. it is the US which acquires countries by buying up their companies one at a time .. I would add stuff about using military power to enforce the deal but this isn’t the forum for that debate ..

  • Daimaou – G-A.G

    Did I wrote that Lenovo would take over NEC? I believe I can read PC Business.

 

0

Panasonic - Massager that relaxes your muscles and warms them gently

1

World's lightest and thinnest circuits pave the way for 'imperceptible electronics'

0

Panasonic - Smartphone-sized portable full body massager

0

Nestlé - KitKat - 2013 summer seasonal special flavors

0

Turn your iPhone 4/4s or 5 into a real pocket camcorder thanks to Donya

0

Japanese Technology from the Future Friday!

0

LG - Pink-colored model will be added to Pocket photo

3

Sharp - Electronic handwriting notebook that can save 2000 pages data

0

LG - Ultra-wide LCD monitor with a cinematic 21:9 aspect ratio

0

Panasonic – DMC-XS3 – Slim & classic designed Lumix camera

0

Panasonic - DMC-FZ70 - Lumix camera with the world's first 60X optical zoom

0

Japanese Robots: The Seemingly Least Cool Robotics Story of July is a Must-Read!

1

Sony - α58 - DSLR camera with interchangeable lenses

0

Thanko - 7.5mm biz card sized portable battery - Increased in battery capacity by 1200mAh over the previous model

0

JVC Kenwood - ADIXXION "GC-XA2" - dustproof, shockproof, waterproof, low-temperature resistant action camera

0

NTT docomo - Disney Mobile on docomo F-07E - Disney official smartphone