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

Oppo R7s will reportedly also have a 4GB RAM option

Huawei Mate 9 and Lenovo P2 now available in UK

Video shot on LG V20 details the advantages of Android 7.0 Nougat

Samsung Reveals the Galaxy Gear Smartwatch

September security update starts hitting T-Mobile Galaxy S7 and S7 edge

AT&T to offer day passes for customers traveling abroad