back to article NEC looks to offload Lenovo shares

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 …

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  1. Robert E A Harvey

    buy-back

    I wonder if Lenovo have the money to buy them back?

    If not, it would be in China's interests to repatriate them somehow.

    1. Anonymous Coward
      Anonymous Coward

      Re: buy-back

      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

      1. Benjamin 4

        Re: buy-back

        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.

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