Lenovo defends 2009 equity stake deal after storm of online attacks

//Lenovo defends 2009 equity stake deal after storm of online attacks

Lenovo defends 2009 equity stake deal after storm of online attacks

Lenovo, the world’s largest personal computer manufacturer, has defended a sale of equity stakes in the company made by China’s top science academy in 2009, after weeks of unsubstantiated online allegations questioning the deal’s legitimacy and accusing it of causing heavy losses in state assets.In a statement published in its internal portal on Friday and republished by Chinese media including China Business News, Lenovo said that the Chinese Academy of Sciences’ divestment of a 29 per cent…

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By | 2021-12-10T13:00:18+00:00 December 10th, 2021|Technology|Comments Off on Lenovo defends 2009 equity stake deal after storm of online attacks