Wednesday, March 21, 2018
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Qualcomm's New Snapdragon 845 Virtual Reality Development Kit Coming In Q2
South Korea Fines Facebook Over Unfair Practices
Futuremark Releases DirectX Raytracing Tech Demo
Samsung Expands its 8-Inch Foundry Offerings with New RF/IoT and Fingerprint Technology Solutions
Intel and Facebook Unveil Next Generation OCP Twin Lakes 1S Server
Facebook to Respond to FTC Questions Over Cambridge Analytica Case
AMD to Fix 13 processors Vulnerabilities Reported by CTS Labs Research
Microsoft Announces Project Denali SSD For Cloud-scale Applications
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.

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 Sets Tera-scale Machine Learning Benchmark Record with POWER9 and GPUs
IBM Creates Computers Smaller Than a Grain of Salt
Researchers Create Promising Flexible Electronics Based on Carbon Nanotubes
HPE and Dell Server Sales Soar in Q4
Lenovo Debuts Ruggedized Chromebook Trio and New Lenovo Yoga 730 and 530 ab MWC
Lenovo Recalls the ThinkPad X1 Carbon 5th Gen Laptop
Lenovo's PC and Smart Device Businesses Grow, But Mobile Turnaround Target Missed
IBM Reports Revenue Growth After Six Years
Maersk and IBM to Apply Blockchain to Improve Global Trade
IBM Researchers Bring Memory Disaggregation to Data Centers
CES 2018: New Lenovo Miix 630 2-in-1 Detachable, ThinkPad X1 Series and Lenovo Smart Display With Google Assistant
Lenovo Introduces 2018 ThinkPad Portfolio

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .