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Chinese Lenovo to buy IBM computer business

World

&to=http:// english.pravda.ru/comp/2002/08/01/33619.html ' target=_blank>IBM's deal to sell its personal computer business to China's Lenovo, a move likely to reshape the industry, signals the PC has evolved into a mass consumer item with little profit, analysts say.

The exit by IBM, which pioneered the personal &to=http:// english.pravda.ru/main/2002/06/19/30662.html ' target=_blank>computer business and set many of the standards for the industry, is likely to benefit some rivals such as Dell.

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