Lenovo Future.docVIP

 PAGE \* MERGEFORMAT 18 Lenovo Future On the 40-year-old Yang DELL time, although they were still full of admiration, but the speech is already unconsciously exposed in his own domineering and ambitions. ‘DELL is a very successful company, has already done the ultimate efficiency, then there can not be another American company can do DELL extent, but there will be a Chinese company can do it. ‘ Clearly, Yang referring to Lenovo Group under his leadership. His reason is that China has a large market, which is Lenovo’s strong backing, in addition to Lenovo’s PC business is based on a highly efficient operating platform, the company’s operating costs, DELL will not necessarily be able to do. ‘This makes DELL is also daunting. ‘12 9, Young told this reporter. In fact, let Yang rising confidence in a more important reason is that the day after Lenovo IBM global PC business has just become the new owner. December 8, Lenovo to 650 million U.S. dollars in cash and 6 million in Lenovo stock composition, total 1.25 billion acquisition of IBM’s global desktop and notebook business operations. Specific payment include the Chinese shareholder, Legend Holdings will own approximately 45% of Lenovo Group shares, IBM will own approximately 18.5% of the shares. In addition, Lenovo will also assume net debt of 500 million U.S. dollars. Two sides in 2003, combined sales, this acquisition means that Lenovo’s PC shipments to reach 11.9 million units, sales will reach 12 billion U.S. dollars. In terms of the circulation of the global personal computer manufacturer sales rankings, Lenovo Group has also jumped from eighth to third, behind DELL and HP. At this point, Michael Dell, the other side of the ocean is still strong. The DELL company’s chairman for the East as far away as the ancient legend of this PC is still full of disdain. ‘Transaction between Lenovo and IBM could not escape the industry’s many other merger’s fate. ‘His implication is clear: two completely different le