Samsung possibly selling its PC business to Lenovo

-

Samsung Electronics has been involved in some serious corporate restructuring over the past several months as it seeks to enhance focus on core businesses and cut struggling ventures. Samsung’s decision to sell its printing business to HP for over $1 billion showed that the company is serious in its efforts to become a leaner organization. A new report out of South Korea claims that Samsung now wants to sell its PC business and that it’s talking to Chinese giant Lenovo about a potential deal.

International law firm Paul Hastings is believed to be representing Samsung while Lenovo is being represented by Freshfields Bruckhaus Deringer. Samsung rarely reveals the numbers that its PC business brings in so it’s hard to estimate what it will be worth. The report claims that if a deal is reached it may be valued at more than $850 million, however, it does add that talks have continued for months but little progress has been made so far.

Lenovo is the largest PC manufacturer in the world in terms of shipments and is in a strong position to acquire Samsung’s PC business. Whether or not it will choose to do so at a price that makes sense to it remains to be seen. This report has neither been confirmed nor refuted by Samsung yet.

Popular Posts:

The best, worst, and weirdest cars at the 2018 New York Auto Show

-
Image
The New York International Auto Show opens to the public this weekend, and upon entering the Javits Center attendees will be bombarded with new cars, SUVs, trucks and even a handful of supercars that will most likely be out their price range. Here's our primer for anyone who wants to cut through the noise and see the stuff that really matters. Photo by Amelia Holowaty Krales / The Verge Most Futurama-ready car: Genesis Essentia Anyone who grew up on dog-eared copies of Popular Science probably assumed we'd be riding around in self-driving cars while viewing the passing scenery through glass or plastic bubble roofs. The self-driving car part is playing out right now, but the glass or plastic bubble part seems to have been left in the recycling bin. Now, here's the Genesis Essentia , an all-electric performance concept with a transparent hood and...
Continue Reading....

DJI Mavic Air: could this be the definitive drone?

-
Image
DJI showcased its new Mavic Air drone in New York. The third quadcopter in this series is of similar quality to its predecessors and can also fold its arms for better portability. For its size, no competitor offers so much in terms of photo quality. Release date and price The DJI Mavic Air can be ordered through the official DJI website  and is also available from other retailers. The drone is available in three colors: marengo grey, white and red. We can buy the Mavic Air in a basic pack with remote control, protections, charger, cover, propeller replacement and a battery from US$799 (£769 in the UK). Often, one battery is not enough so there is a more complete pack available with three batteries, charger for four batteries and two propeller replacements from $999 (£949 in the UK). The red model reminds me of a Porsche. / © AndroidPIT Design and build quality In essence, it is th...
Continue Reading....

Samsung spent a lot of money to tell New York that the Galaxy S8 has arrived

-
Image
It goes without saying that Samsung is going to spend a lot of money on marketing to get the word out that its new flagship smartphone is the one you should be buying this year. Samsung unveiled the Galaxy S8 and Galaxy S8+ at an event in New York City today. Since it was an invite-only event, although it was streamed live online, Samsung decided to spend a lot of money to tell New Yorkers that the Galaxy S8 has arrived. Samsung illuminated the iconic Times Square in New York City with immersive displays reflective of the visual experience that the Galaxy S8′s Infinity Display promises. It basically bought out almost every available signage to announce the arrival of its newest flagship smartphone. As if that wasn’t enough, it even brought in a troupe of performers who danced “in celebration of the debut of the Galaxy S8.” Good stuff. Customers in the United States can pre-order the Galaxy S8 and Galaxy S8+ from all major carriers today. The new flagship will be released on April ...
Continue Reading....

Foldable tablets are coming: Lenovo to launch one with an LG-made display

-
Image
You might already be tired of reading rumors about foldable smartphones being imminent - after all, they've been in the news for years without one single such device actually shipping yet (or being announced). Well then, how about foldable tablets? Apparently those are going to exist too, at some point in the future. And the first one might be a Lenovo tablet, with an LG-made foldable screen. That is, if a new report from South Korea is to be believed. The Lenovo foldable tablet will have a 13" display when it's opened, and 8" to 9" when folded. It should be sold in China, at least at first. LG Display sees more opportunities in the foldable tablet market than in foldable smartphones, allegedly. That is because with a phone the screen is hidden when folded. But that downside turns into an advantage with tablets - they would be less bulky and easier to carry when folded. It is also easier to make durable panels for tablets, since phones need to be fold...
Continue Reading....