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Article: LENOVO GROUP TO MOVE HEAD OFFICE TO US
- Article from:
- AsiaInfo Services
- Article date:
- December 29, 2004
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AsiaInfo Services
12-29-2004
Lenovo Group to Move Head Office to US
BEIJING, Dec 29, 2004 (SinoCast via COMTEX) -- China's largest PC maker Lenovo Group is making its way to be multinational after acquiring IBM's PC unit by USD 1.75 billion. Sources indicate that the ambitious company plans to move its headquarters from Beijing, capital of China, to Armonk, New York State, where is the head office of IBM. Moreover, Lenovo Group has a bolder idea to appoint some IBM officials as the managers for its business in the US.
The deal with IBM made the Chinese giant to be the world's third largest PC maker, just behind Dell and HP. At present, Lenovo Group reaches ...