CHINA TOPIX

11/22/2024 07:00:21 am

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PC market

Lenovo

Lenovo Still Optimistic About PC Market, Acquires NEC Shares in PC Venture

The world's largest personal computer manufacturer, Lenovo, is planning to spend at least $195 million to acquire the shares of its Japanese partner company NEC. The two companies established a joint venture five years ago.

Intel's new set of processors aims to speed up cloud computing.

Intel Breaks Away From the PC Market

Intel chief executive officer Brian Krzanich has declared that the chipmaker will no longer be a PC company anymore. While the revelation might shock some people, it did not surprise the tech community since Intel has already hinted about this change.

Intel's new set of processors aims to speed up cloud computing.

Intel to Cut 12,000 Jobs as PC Market Continues to Tumble

The steady decline in demand for personal computers has affected Intel, the world's largest manufacturer of semiconductor, Intel. The chipmaker recently announced that it is laying off 12,000 employees. The figure represents about 11 percent of the company's total work force.

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