Chinese Buyer of PC Unit Is Moving to I.B.M.'s Hometown
78159
China's largest computer maker, which purchased I.B.M's personal computer business, is moving its headquarters to New York.
728533
International Business Machines Corp. agreed to sell its personal computing business to China&#39;s largest computer maker, Lenovo Group Ltd.
642902
IBM's sale of its PC unit to a Chinese firm is the latest sign that a new giant is rising.
227040
International Business Machines Corp. is selling a majority stake in its pioneering personal computer business to China&#39;s biggest computer maker, Lenovo Group Ltd.
216245
I.BM said yesterday that the personal computer business it was selling to the Lenovo Group of China had not made a profit for three and a half years.
86423
The largest computer company in China, the Lenovo Group, has bought a majority stake in the PC-making business of the multinational IBM.
617813
ALMHULT, Sweden  - The design chief of home  furnishing giant IKEA was recently asked in China, now home to  two of the blue and yellow warehouses selling the Scandinavian  lifestyle, if he was worried about being a "design  imperialist."
286443
IBM has gained a crucial foothold in China by selling its PC business to Lenovo, the countryâs biggest computer maker, for $1.75 billion (Â£900 million) in cash, shares and debt.
613894
Unveils P4-speed successor A Chinese PC vendor has begun shipping a box with its homegrown Godson CPU, with a price tag of between $175 to $200. Thanks to current exchange rates, that's under Â£100. Eventually, though, OEM ZhongKe Menglan Electronics expects to sell the unit for $125.â¦
233650
IBM Corp. is selling its personal computer business to China&#39;s largest PC maker in a $1.25 billion deal that marks the end of an era for the company that made &quot;PC&quot; a household word.
211393
IBM, the pioneer of the personal computer, is selling its PC hardware business to number one Chinese computer maker Lenovo.
690482
A 30 percent stake in Hewlett-Packard&#39;s Chinese operations is up for sale to the highest bidder as the company&#39;s Chinese partner looks to sell its shares.In a filing (in Chinese) with the China Beijing Equity Exchange, state-owned China Electronics Import &amp; Export Co. (CEIEC) invited bids for its stake in China HP and set a minimum price of 967 million yuan ($133 million).CEIEC will accept bids until Feb. 2 from qualified Chinese companies. Offers from financial institutions or hedge funds will not be considered, it said.HP had little to say in response to CEIEC&#39;s offer, but reaffirmed the importance of China HP to its overall business.&quot;China is a critically important market to HP and continues to hold tremendous opportunities for our business. ... Whilst we do not comment on our financial or operational plans in the future, HP will ensure its business operations remain unaffected,&quot; wrote Joanne Tan, a company spokeswoman, in an e-mail.China HP was founded in 1985 as a joint venture between HP and CEIEC. Over the years, the joint venture has been successful and China HP is a major player in key local markets, such as PCs and servers.Joint ventures are a common way of doing business in China, with foreign companies tapping the experience and connections of a local partner.In the best situations, these partnerships can help the foreign company build and grow their business in China faster than would otherwise be possible.
502659
China's largest manufacturer of personal computers Lenovo Group said it has bought IBM's PC business for 1.25 billion dollars, making it the world's number three in the intensely competitive field.
236726
Although virtually unknown in the U.S., Lenovo - in talks to buy I.B.M.'s personal computer business - is China's largest PC maker and the world's fastest growing one.
463048
IBM, the pioneer of the personal computer, is selling its PC hardware business to Chinese firm Lenovo.
483420
China with its large population provides a big market for the PC Manufacturers. However, it is the local computer makers who rule the Chinese PC Market.
325230
The deal makes the Chinese company the world&#39;s third biggest PC maker and pushes IBM to the sidelines of a field it once ruled.