Ailing Japanese electronics giant NEC looks set to sell all of its shares in Lenovo after the Chinese PC maker confirmed to The Reg that it has waived a previous restriction on the sale. The two firms announced in January 2011 that they would be combining their PC operations in Japan, in a joint venture known as NEC Lenovo …

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Wednesday 5th September 2012 05:34 GMT Robert E A Harvey

buy-back

I wonder if Lenovo have the money to buy them back?

If not, it would be in China's interests to repatriate them somehow.

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1. Wednesday 5th September 2012 08:03 GMT Anonymous Coward
  
  Re: buy-back
  
  Your answer is hinted at in the article:
  
  "By contrast, Lenovo has been going from strength to strength in 2012 and isn’t far from toppling HP as the world’s number one PC maker"
  
  So yes, if they wanted to they could afford them
  
  0 0
  1. Wednesday 5th September 2012 08:18 GMT Benjamin 4
    
    Re: buy-back
    
    That doesn't always mean they are making a lot of money. I could be the top PC maker by virtue of selling all of my computers at cost / a loss. I'd be moving the volume but still not making money.
    
    0 0

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