Lenovo, a china-based computer maker, acquired the PC business of IBM for 1.75 billion dollars. IBM Philippines however is optimistic that it will be business as usual. IBM PC products are known for their durability -- they are however more expensive.
I wonder if IBM products (under Lenovo) will become more affordable.
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expect more chinese acquisitions, one way for them to keep their managed exchange rate they have to start buying stuff from other countries.
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