Sources claim Lenovo (LNVGY.PK) is talking with NEC about a proposed joint PC venture. Lenovo is...

|About: Lenovo Group Ltd. ADR (LNVGY)|By:, SA News Editor

Sources claim Lenovo (LNVGY.PK) is talking with NEC about a proposed joint PC venture. Lenovo is a surging PC maker with about 8% worldwide market share, while NEC is a fading one, with only about 0.9%. A deal might let NEC focus more on cloud computing, and offer it a foothold in China to offer IT and communications services.