Lenovo buys controlling stake in Fujitsu PC unit; second-quarter profit drops

Lenovo buys controlling stake in Fujitsu PC unit; second-quarter profit drops

7 years ago
Anonymous $ZOEEBQ1zf0

https://www.reuters.com/article/us-lenovo-results/lenovo-buys-controlling-stake-in-fujitsu-pc-unit-second-quarter-profit-drops-idUSKBN1D20CR

Lenovo Group has agreed to buy a majority stake in Fujitsu Ltd's personal computer unit for up to $269 million, in a bid to corner a larger share of a market that is battling weak sales as more people switch to mobile devices.

Lenovo buys controlling stake in Fujitsu PC unit; second-quarter profit drops

Nov 2, 2017, 11:35am UTC
https://www.reuters.com/article/us-lenovo-results/lenovo-buys-controlling-stake-in-fujitsu-pc-unit-second-quarter-profit-drops-idUSKBN1D20CR >Lenovo Group has agreed to buy a majority stake in Fujitsu Ltd's personal computer unit for up to $269 million, in a bid to corner a larger share of a market that is battling weak sales as more people switch to mobile devices.