Lenovo pc takeover

  • E-Mail
By  Published  September 8, 2006

Global PC powerhouse Lenovo Group has revealed it has not yet reached a decision on its potential acquisition of troubled South Korean PC manufacturer TriGem Computer.

CEO for Lenovo Bill Amelio confirmed that Lenovo had been approached by TriGem but added that it was a long way off finalising a decision on the possible deal, according to CNET news service.

TriGem, South Korea’s first PC maker and formerly one of its biggest, filed for court receivership last year after losing business to competitors.

The business is currently up for auction. TriGem has previously disclosed that it has received interest from around 10 potential bidders to date.

Lenovo, the world’s no 3 personal computer maker, last month recorded a net profit of US$5 million for its first fiscal quarter.

Add a Comment

Your display name This field is mandatory

Your e-mail address This field is mandatory (Your e-mail address won't be published)

Security code