Wednesday, May 23, 2007

PC maker Lenovo back in the black

(Reuters) - Lenovo, which in 2005 bought out IBM's PC division for $1.25 billion, will now grapple with a galvanised Acer Inc., which replaced the Chinese firm as the world's third-largest PC maker in the January-March quarter.




And it might have to wage a price war with Dell, which introduced a PC for as little as 2,599 yuan in the world's second-largest PC market, Lenovo's home turf.


Read more at Reuters.com Business News

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