Wednesday, June 28, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Western Digital Announces First 96-Layer 3D NAND Technology
New Intel SSD 545s Packs 64-layer 3D TLC Flash
Ransomware Hits Servers Across the Globe
New Sony 20MP CMOS Image Sensor Released
Western Digital Launches New My Passport Ultra Drive
AMD Radeon Vega Frontier Edition Launches for $1,000
Huawei Unveils the Honor 9 in Berlin
European Commission Fines Google Record 2.42 billion Euros For Giving Advantage to own Comparison Shopping Service in Search
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Lenovo ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, March 11, 2014
Lenovo Says China Strike Remains An IBM Matter


Lenovo Group Ltd said that it could not resolve a strike at an IBM's China-based factory, as the deal to buy the U.S. company's server business had yet to be finalized.

Possibly more than 1,000 workers went on strike last week at an IBM server factory in Shenzhen, China, to protest over the terms of their potential transfer to Lenovo, which said in January it would buy one of the server businesses of International Business Machine (IBM) for $2.3 billion.

The acquisition plan includes the specific IBM x86 server factory in Shenzhen. However, since the acquisition still requires the approval of relevant government and regulatory authorities, Lenovo said that it remains an independent company.

"Any integration between Lenovo and IBM's x86 server department will not be conducted until the deal is closed. The strike at the IBM server factory in Shenzhen is the internal matter for IBM," Lenovo said in a statement.

Lenovo expects that approximately 7,500 IBM employees in more than 60 countries will be transfered to Lenovo at the close of the transaction. These include product development, manufacturing, sales and marketing, and staff employees in locations around the world.

"To ensure a smooth transition Lenovo is committed to provide opportunity for all employees from IBM's x86 server department who transfer to Lenovo, without any reduction of their wages and benefits. We value their contributions and our goal is to provide them with continued opportunity pending approval of this acquisition," Lenovo added.




Previous
Next
LaCie Ships World's Fastest External Drive        All News        Creative Subsidiary ZiiLabs Files Patent Infringement Lawsuit Against Samsung and Apple
Twitter Crashes Due To Software Glitch     General Computing News      Creative Subsidiary ZiiLabs Files Patent Infringement Lawsuit Against Samsung and Apple

Get RSS feed Easy Print E-Mail this Message

Related News
Lenovo Launches Expanded Data Center Portfolio
New $179 Moto E4 Plus has a 5,000 mAh Battery
Researchers Say Silicon Nanosheets is the Path to 5nm Transistors
Lenovo Returns to Profitability
Lenovo Unveils New IdeaPad Laptop Family
Part Laptop, Part Tablet, The Lenovo Flex 11 Represents a New Generation of Chromebooks
Lenovo Makes Pro Virtual Reality Accessible With the ThinkStation P320
Wanda and IBM To Bring IBM Cloud to China
Researchers Store Data on A Single Atom
IBM Building First Universal Quantum Computers
MWC: Lenovo Showcases The Detachable Miix 320, New Yoga 720 and 520 Convertibles And The Tab 4 Series
New Budget-friendly Moto G5 and G5 Plus Come With Metal Designs

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .