The News (reporter Lin Chiling) yesterday, Lenovo Group announced, and NEC formed a joint venture company "NEC Lenovo Japan Group" was formally established. The new group is said to occupy nearly 25% per cent of the Japanese PC market, the largest PC company in Japan. This January, Lenovo and NEC reached an agreement to form a joint venture. Under the agreement, Lenovo owns 51% of the new group's issued share capital, while NEC owns 49% of the new group's issued share capital. The new group will retain Lenovo and NEC brands, and the products will continue to be sold separately through their respective channels. Hideyo Takasu, President of NEC Personal Products Co., is the president and chief executive officer of the new joint venture company, and the current president of Lenovo (Japan) Co., Ltd. Roderick Lappin will be executive chairman. Lenovo's CEO, Yang, said in an interview earlier, "Five years later, Lenovo will have the conditions to buy at the highest 275 million U.S. dollars in the other 49% of NEC Holdings, so as to complete the NEC PC business wholly-owned acquisition." ”
The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion;
products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the
content of the page makes you feel confusing, please write us an email, we will handle the problem
within 5 days after receiving your email.
If you find any instances of plagiarism from the community, please send an email to:
info-contact@alibabacloud.com
and provide relevant evidence. A staff member will contact you within 5 working days.
