Lenovo, China’s biggest PC maker is eager for growth in Europe and they’ve just acquired 37% stake of the German PC maker Median AG. The new acquisition will expand Lenovo’s share in the German PC market by up to 14%.Lenovo is the fourth largest vendor of PCs in the world. The deal with Median AG can make Lenovo’s market share increase by about 7.5%, bunking them up to the place of third largest player. Read more...
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