Sunday, November 27, 2016

Samsung might sell its struggling PC business to Lenovo for an estimated $850m

South Korean electronics giant #Samsung is reportedly in talks with Chinese firm #Lenovo to get rid of its struggling PC business division as part of its larger efforts to let go off less profitable businesses. The world's largest smartphone shipper never really grabbed a worthy market share in the PC domain and has been struggling to stay afloat. Lenovo on the other hand is the largest PC manufacturer in the world in terms of shipments and thus in a strong position to acquire Samsung's PC arm.

http://www.ibtimes.co.uk/samsung-might-sell-its-struggling-pc-business-lenovo-estimated-850m-1593357

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