End of an era as firm that brought us the PC sells out to Chinese ...
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IBM yesterday sold its personal computer business to China&#39;s leading manufacturer, Lenovo, in a deal that reflects the profound changes taking place in the economic world order and marks the end of an era for one of America&#39;s most iconic companies.
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US technology giant IBM is selling its personal computing business to China&#39;s biggest PC maker. The deal highlights China&#39;s growing economic clout and global reach.
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IBM is exiting the PC business, but it -- along with some PC competitors -- should benefit.
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IBM, the company that helped usher in the age of the personal computer nearly 25 years ago, stunned the tech world with the announcement that it would largely be bowing out of the business.
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International Business Machines Corp. Tuesday agreed to sell its personal computer business to China&#39;s largest computer manufacturer, backing out of a market the venerable technology
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Two years ago, I got an inside look at operations at Lenovo Group, the Chinese computing giant that is expected to form a joint venture with IBM to sell PCs worldwide.
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IBM's personal computer business, which it is selling to Lenovo Group of China, has lost money for the past 3 1/2 years.
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IBM, the company that transformed personal computers from a hobby to an industry with the introduction of its PC line in 1981, will bow out of the increasingly low-margin market through a partnership
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NEW YORK -- International Business Machines Corp. has reportedly put its personal computer business up for sale in a deal that could fetch as much as $2 billion and close an era for an industry pioneer which
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Company discontinues many consumer electronics lines to focus on PCs--and profitability.
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Sanmina-SCI sells business to Foxconn and Lenovo Sanmina-SCI, the US electronics contract manufacturing company, has sold its PC business to Foxconn, a major Taiwanese competitor, for between $80m-$90m. It is also selling its Mexican PC plant to Lenovo, for an undisclosed sum.â¦
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The Chinese city of Beijing has cancelled an order for Microsoft software, apparently bowing to protectionist sentiment. The deal has come under fire in China, which is trying to build a domestic software industry.
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I.BM announced late yesterday the sale of its personal computer business to Lenovo, China&#39;s largest personal computer maker, a deal that reflects the industrial and economic ambitions of not only the two companies but also their two nations.
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IBM, the pioneer of the personal computer, is selling its PC hardware business to Chinese firm Lenovo.
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IBM has quit the personal computer market 23 years after legitimising the PC revolution that changed everything - from the way we work to the fortunes of Microsoft&#39;s Bill Gates.
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I.B.M., whose first PC moved personal computing out of the hobby shop and into the consumer mainstream, has put the business up for sale.
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International Business Machines, better known as (IBM), will cease producing their personal computer (PC) production activities. According to the news of New York Times, the strongest candidate to buy the