Saturday, October 21, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
DVDFab Debuts 4K Ultra HD Copy Software
Razer Unveils New Broadcasting Camera and Microphone
Microsoft's Cortana Gets Into Smart Speakers Market With Harman Kardon Invoke
Samsung, LG Electronics are Lagging in Autonomous Car Race
TSMC Raises Forecasts for 2017 Due to 10nm Demand, Outlines 7 and 5nm Roadmap
Samsung Said to Have Placed Huge EUV Equipment Order From ASML
Samsung Launches the Ruggedized Galaxy Tab Active2 for Business
Intel Capital Announces $60 million of New Investments in Data-Focused Startups
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
IBM Unveils New High-Powered Analytics System for Fast Access to Data Science
Lenovo Settles FTC Charges it Harmed Consumers With Preinstalled Adware on its Laptops
IFA 2017: Lenovo Announces Windows Mixed Reality Headset and new 2-in-1 laptops
gamescom 2017: Lenovo Announces New Legion Gaming Towers
IBM Claims Record Deep Learning Performance
New Sony Magnetic Tape Storage Technology Supports High-Capacity 330 TB Recording
IBM Z Mainframe Features Pervasive Data Encryption
Lenovo Introduces New Star Wars Augmented Reality Headset
HP Takes Back PC Shipment Crown from Lenovo
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

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 .