We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
 
74,944 News Articles

Report: Lenovo in talks for stake in NEC PC division

Nikkei newspaper reports that a deal is in its final stages

Lenovo is in talks to take a majority stake in Japan's biggest PC maker, a Japanese newspaper reported on Friday.

A deal between the Chinese company and NEC Personal Products is in its final stages, the Nikkei newspaper said.

"NEC has made no announcement on this and a decision has not been made," said Chris Shimizu, a spokesman for Tokyo-based NEC.

Any deal between the two could strengthen Lenovo's hand in the Japanese domestic PC market and give NEC a helping hand on the global stage.

Japanese PC makers dominate the country's domestic market and no company is bigger than NEC. In the first half of 2010 the company shipped 1.9 million PCs for a 20 percent share of the market, according to data from IDC.

NEC and its two biggest competitors, Fujitsu and Toshiba, accounted for half of all PCs shipped in the country during the period.

Lenovo accounted for 6 percent of the market, behind Dell, Hewlett-Packard and Sony.

On the global stage the situation is reversed and Lenovo easily beats NEC, which has largely withdrawn from selling PCs overseas. Lenovo shipped 9.2 million PCs in the third quarter of this year for a 10 percent share of the market, according to IDC data.


IDG UK Sites

Samsung Galaxy Note 4 release date, price and specs 2014

IDG UK Sites

What's the best smartwatch? 11 iWatch rivals compared in our wearables round-up

IDG UK Sites

App cloning: the mobile software industry’s hidden shame

IDG UK Sites

Developers get access to more Sony camera features