Lenovo JV plan lifts NEC shares
Updated: 2011-01-21 09:53
TOKYO - NEC Corp shares opened up 4.6 percent on Friday after the Nikkei business daily said the company was in final talks with China's Lenovo over a personal computer joint venture.
An NEC spokesman said nothing has been decided.The Nikkei said Lenovo may take a majority stake in NEC Personal Products Ltd, a wholly owned NEC unit, that makes and sells personal computers.
President Hu Jintao is on a state visit to the US from Jan 18 to 21.
The discovery of the fossile of a female pterosaur nicknamed as Mrs T and her un-laid egg are shedding new light on ancient mysteries.
China's GDP growth jumped 10.3 percent year-on-year in 2010, boosted by a faster-than-expected 9.8 percent expansion in the fourth quarter.