Word: pc
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Shortly before IBM announced the end of an era, its China employees gathered in the conference room of the firm's Beijing office. There, company officials told them that IBM, which practically invented personal computers, would sell its PC unit to a Chinese competitor, Lenovo (formerly Legend). The 60 or so attendees learned that, upon joining Lenovo, they would become the backbone of the world's third biggest computer maker. Hours later, a proud headline in the online edition of the People's Daily summarized the $1.25 billion deal: "China's IT Industry Has Stood Up." Yet the mood...
...plunged and foreign rivals have swarmed the country, forcing domestic firms to cut their prices. Although China's economy is still booming, prices for consumer goods actually fell 1% through October this year. Lenovo, which has been under threat domestically from Dell, has seen gross margins from its corporate PC business fall from 14.8% last year to 12.4% in the second quarter of this fiscal year. "Chinese are buying foreign companies out of desperation because of shrinking margins at home," says Arthur Kroeber, managing editor of China Economic Quarterly. "It's not a silly gamble, but it is high risk...
According to Moriarty, however, PC discounts to students “are really important...
...half a dozen technologies vying to become the next-gen wi-fi, and only one will win. Take it from Cooper, the grand old man of ArrayComm, who says, "everything takes longer than you think, because people take time to change.'' But then, he notes, people balked at the PC and the cell phone...
...sales executive Andrea Schauer says people everywhere are postponing Christmas purchases to later and later in the season "and at some point time runs out." Indicators For Sale by Owner Twenty-three years after releasing the first commercial personal computer, IBM is reportedly discussing the sale of its PC business. China's Lenovo Group is said to be a likely buyer at a cost of $1-$2 billion. IT research group Gartner predicts that low growth and profits will force three of the world's top 10 PC vendors out of the market by 2007. Glowing Review The U.S. Motion...