rahul1117kumar
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Samsung is in talks to sell its personal-computer arm to Lenovo, world’s largest PC manufacturer in terms of shipments, according to a report from Korean news outlet The Bell . Sony was one of the first companies to sell its VAIO PC division back in 2014. A recent
report said that Fujitsu was in talks to sell its PC business to Lenovo.
The report said that Samsung is carrying out talks without a financial advisor, but it has hirted US-based law firm Paul Hastings as a legal, while Lenovo is represented by Freshfields Bruckhaus Deringer. It also said that the deal price could be worth more than 1 trillion won (US$850 million).
Samsung recently sold its printer business for $1.05 billion to HP, which is expected to close next year. After the discontinuation of Galaxy Note7 , Samsung said that it expects to lose mid-3 trillion won ($3.1 billion approx.) in operating profit from the fourth quarter of 2016 through the first quarter of 2017.
Samsung reportedly in talks with Lenovo to sell its PC business
report said that Fujitsu was in talks to sell its PC business to Lenovo.
The report said that Samsung is carrying out talks without a financial advisor, but it has hirted US-based law firm Paul Hastings as a legal, while Lenovo is represented by Freshfields Bruckhaus Deringer. It also said that the deal price could be worth more than 1 trillion won (US$850 million).
Samsung recently sold its printer business for $1.05 billion to HP, which is expected to close next year. After the discontinuation of Galaxy Note7 , Samsung said that it expects to lose mid-3 trillion won ($3.1 billion approx.) in operating profit from the fourth quarter of 2016 through the first quarter of 2017.
Samsung reportedly in talks with Lenovo to sell its PC business
