Lenovo's Successful Acquisition of IBM PC (Chinese)
In 2005, Lenovo, China's leading computer manufacturer, purchased IBM PC for $1.75 billion and is currently the world's fourth-largest computer company by sales. The acquisition marked China's entry into the realm of multinational firms with a global presence. LIU Chuanzhi, Chairman and Founder of Lenovo and one of Business Week's "Top 40 Most Powerful People in China" (2009), will visit campus to discuss Lenovo's globalization through this acquisition, the challenges it posed and Lenovo's solutions. Liu will also share his vision for Lenovo moving forward. Most recently, Liu was one of four Chinese entrepreneurs who accompanied Chinese President Hu Jintao during his recent visit to the United States. Sponsor: East Asian Studies, Institute of (IEAS) ieas.berkeley.edu
