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Lenovo's parent company invests $237 million in Chinese chipmaker Fullhan

By Reuters Staff 1 Min Read (Reuters) - Legend Holdings, the parent of the world’s biggest PC maker Lenovo, said it would buy a 15.9% stake in chipmaker Fullhan Microelectronics for 1.54 billion yuan ($236.9 million) in a push to diversify its portfolio. Legend’s unit Dongfangqihui bought 12.8 million shares between Sept. 1 and March 17 from privately held Quick Talent Holdings, the company said on Wednesday, with the last round of transaction for a 5.2% stake yet to settle. Most well-known...
Anushka Trivedi Thomson Reuters Trust Principles Legend Holdings Quick Talent Holdings Fullhan Microelectronics Thomson Reuters Trust

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Lenovo's parent invests $237 million in Chinese chipmaker Fullhan

By Reuters Staff 1 Min Read (Reuters) - Legend Holdings, the parent of the world’s biggest PC maker Lenovo, said it would buy a 15.9% stake in chipmaker Fullhan Microelectronics for 1.54 billion yuan ($236.9 million) in a push to diversify its portfolio. Legend’s unit Dongfangqihui bought 12.8 million shares between Sept. 1 and March 17 from privately held Quick Talent Holdings, the company said on Wednesday, with the last round of transaction for a 5.2% stake yet to settle. Most well-known...
Anushka Trivedi Thomson Reuters Trust Principles Legend Holdings Quick Talent Holdings Fullhan Microelectronics Thomson Reuters Trust

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