Ailing Japanese electronics giant NEC looks set to sell all of its shares in Lenovo after the Chinese PC maker confirmed to The Reg that it has waived a previous restriction on the sale. The two firms announced in January 2011 that they would be combining their PC operations in Japan, in a joint venture known as NEC Lenovo Japan …
I wonder if Lenovo have the money to buy them back?
If not, it would be in China's interests to repatriate them somehow.
Your answer is hinted at in the article:
"By contrast, Lenovo has been going from strength to strength in 2012 and isn’t far from toppling HP as the world’s number one PC maker"
So yes, if they wanted to they could afford them
That doesn't always mean they are making a lot of money. I could be the top PC maker by virtue of selling all of my computers at cost / a loss. I'd be moving the volume but still not making money.
- Nokia: Read our Maps, Samsung – we're HERE for the Gear
- Ofcom will not probe lesbian lizard snog in new Dr Who series
- Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
- Episode 9 BOFH: The current value of our IT ASSets? Minus eleventy-seven...
- Too slow with that iPhone refresh, Apple: Android is GOBBLING up US mobile market