HAIER, LENOVO SAID TO ACQUIRE S. KOREAN PC MAKER
AsiaInfo Services, August, 2006
AsiaInfo Services 08-31-2006 Haier, Lenovo Said to Acquire S. Korean PC Maker GUANGZHOU, Aug 31, 2006 (SinoCast via COMTEX) -- Chinese computer giant Lenovo has submitted the written application for acquiring the bankrupt South Korean PC maker Trigem to the country's local court, sources said. Early in June, China's another big name in the electronics circle, the famous home appliances manufacturer Haier, has also been reported to bid for Trigem, the No.
3 player in the nation's PC market. Trigem applied for bankruptcy protection in May last year, led by troubled financial problems, and it now shoulders a rather heavy debt of USD 940 million. South Korean media said ten consortiums have handed over the applications for the Trigem bid so far, including the...
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