Chinese PC Maker Looks to Buy IBM's PC Business
idril writes "According to The New York Times (free registration required), China's largest PC maker is reportedly in talks to buy IBM's PC business. Lenovo, formerly known as Legend, is the leading PC maker in Asia outside Japan. Lenovo sells primarily low cost PCs; acquiring IBM's business would help them raise their brand recognition and status among more affluent, brand-conscious consumers."
...acquiring IBM's business would help them raise their brand recognition and status among more affluent, brand-conscious consumers.
That should read:
"...acquiring IBM's business would only cause IBM to lose brand recognition and status among more affluent, brand-conscious consumers."
Come on - people buy Thinkpads because they want a quality product, not an El Cheapo hunk of junk.