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PC Sales Fall But Will Rebound

February 17, 2009

Analysis of:Sales of PCs to fall for the first time in eight years | www.ft.com

Two major factors are contributing to the fall of PC sales: Tight credit and Job losses. The lack of credit to buy and expand business is holding back PC sales and all capital equipment purchases. The layoff of thousands of workers is flooding large corporations with unused PCs that are being added to in-house inventories.

Lenovo Returns Reins to Legend Founder

February 17, 2009

Analysis of:Lenovo Shares Rise Most in Month on Reorganization (Update1) | www.bloomberg.com

Markets in Asia responded favorably to Liu Chuanzhi's return as Lenovo's Chairman. Liu founded Legend computer over 20 years ago and retired when Legend bought IBM’s PC division and the company name was changed to Lenovo. With Yang Yuanging moving from Chairman back to his old job as CEO, the Chinese tandem is once again in charge of the company.

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