With a 13.5% global share, the Chinese PC maker Lenovo became the world's second largest PC maker for the first time, exceeding Dell, according to the PC shipment report for the third quarter of 2011 released by the market research firm Gartner.

Chinese PC maker Lenovo Group has announced plans to acquire a 37% stake in Medion AG, a PC company in Germany, for EUR231 million.

Lenovo Group has announced the results for its third fiscal quarter ended December 31, 2010, stating that its net profit increased by 25% year-on-year to USD100 million.

Chinese PC maker Lenovo has announced that it has reached an agreement with the Japanese electronics maker NEC and the two parties will jointly establish a PC joint venture, in which Lenovo will own a 51% stake and NEC will own the remaining 49%.

Japan-based NEC is planning to reorganize its human resource structures in China.

Hong Kong's Hutchison Telecommunications (HTX) announced its results for the first six months of 2008, saying it had a total turnover up 22.0% compared with the same period last year.

According to Zheng Li, vice general manager of NEC Electronics China, because of the strong demand for chips in automobile manufacturing and energy-saving devices, the annual sales of the company are expected to increase at least 10% in the 2008 and 2009 fiscal years.

Beijing No. 1 Secondary People's Court has sentenced four Chinese companies, including Beijing Shiji Yuehua Technology Development Center, to pay CNY1.15 million in compensation to Nippon Electric Company Limit for making and selling fake keyboards with the latter's brand.