Lenovo is apparently in talks to buy Samsung's PC division

Back in September Samsung sold its printer business to HP, and a shocking revelation from South Korea today claims it might do the same with its PC division. According to a report from a local news source in Samsung's home country, the company has been in secret talks with Lenovo for the past few months, with the aim of selling its PC business to the Chinese company.
Some Korean analysts peg the sales value at 1 trillion won (around $850 million), but the final number can obviously be wildly different.
The printer business was sold because through its most recent reorganization Samsung wants to focus more on its core divisions, but also for the fact that printers aren't really breaking sales records anymore. Similarly, the PC market has been slowly shrinking over the past few years, and for the long run it might not be worth it for Samsung to invest in this area anymore. The company has chosen not to comment on this matter.
Source (in Korean) | Via 1 | Via 2

Comments

Popular posts from this blog

Alleged HTC Butterfly S successor shows up in AnTuTu database

Future Nokias may have Carl Zeiss optics, but HMD is playing coy

New rumor suggests OnePlus 3T will be cheaper in China

MIUI 8 to arrive alongside Mi Max on May 10, Xiaomi confirms

Flipkart teases upcoming Moto E, will go on sale on May 14

Report: Galaxy S8's facial recognition tech will be used for mobile payments