Home
Laptops
Laptops News
Lenovo, Sony in talks for PC business alliance: Report

Lenovo, Sony in talks for PC business alliance: Report 2g3e3q

By Reuters | Updated: 1 February 2014 13:41 IST

ment

Japan's Sony Corp and Chinese technology company Lenovo Group are in talks about a possible t venture to take over Sony's loss-making Vaio PC business overseas, Japanese broadcaster NHK reported on Saturday.

The Japanese electronics and media giant called the report inaccurate while acknowledging that it was looking at various possibilities for the unit. 6q5o5y

"Sony continues to address various options for the PC business, but the press report on a possible PC business alliance between Sony and Lenovo is inaccurate," the company said in a statement.

tablets.

Sony, which will release results next week, had previously predicted its PC business would be in the red for the year to end-March, without disclosing figures.

Moody's Investors Service cut Sony's debt rating to junk status last week, highlighting challenges in its television and PC businesses and pressure on profitability at its entire core consumer electronics operation.

Lenovo earns about 80 percent of its revenue from personal computers but has been aggressively diversifying into more promising markets.

Last week, Lenovo said it would buy Apple Inc in the smartphone market.

(Also see: Lenovo to buy Motorola Mobility from Google for $2.91 billion)

© Thomson Reuters 2014

Comments

For the latest reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.