Electronic devices manufacturer Lenovo announced a 90% increase in profit in the first quarter of 2012.Personal Tech,Android,Dell,HP,IBM,lenovo,microsoft,Yang Yuanquing,Homa Zaryouni
Dell shares soar after reports that the company is in talks to go private and that the company is in discussions with at least two private equity firms.
China's tech giants such as Lenovo and Baidu are eyeing expansion in the Brazilian market. Entering a developing market such as Brazil gives them the chance to be in the forefront rather than compete with already-established technology companies in the U.S. and Europe. Lenovo said it expects 20% of the next half-billion of PC buyers to be in Brazil.
Chinese Tech Titans Eye Brazil [The Wall Street Journal]
Brazil's high-tech hub grows in Sao Paulo's Brooklyn
Having traditionally partenered with hardware makers to host its software, Microsoft complicates relationships with such makers with the release of its Surface tablet.