View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Networks
February 3, 2014

Sony denies report on possible PC business alliance with Lenovo

Sony said said it continues to address several options for the PC business

By CBR Staff Writer

Japanese electronics maker Sony has denied the report about the possible establishment of a joint venture (JV) with China-based PC maker Lenovo.

The Japanese firm said it continues to address several options for the PC business, but the press report on a possible PC business alliance between Sony and Lenovo is inaccurate.

Reuters reported Sony’s plans, which include revising the company’s product and manufacturing strategy for the Vaio unit as it faces a sudden decline in its PC business, due to the effect of tablets and smartphones.

The news agency said Sony, which will release results next week, had previously predicted its PC business would be in the red for the year, without revealing figures.

Lenovo, which earns around 80% of its revenue from PC sales, has been trying to enter into additional markets.

Lenovo has recently agreed to acquire Google’s struggling US-based Motorola Mobility’s smartphone business for $2.91bn, in a surprise move which is claimed to be China’s largest-ever tech deal.

The company has also agreed to buy IBM’s x86 server hardware business and related maintenance services for $2.3bn.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.