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Lenovo Loses Sight of IBM Brand.
(From SinoCast China IT Watch)
BEIJING, May 11, SinoCast -- This month would be another epoch-making milestone for Lenovo Group Limited, the bellwether of China's information technology industry, because it brought the buyout of IBM's PC unit to pass after a long-time waiting for the final approval from the US government.
In line with an agreement signed by Lenovo and IBM on December 8, 2004, Lenovo has the right to use the brand IBM for five years. However, Liu Jun (transliterated), vice president of Lenovo, says that his company will not use the trademark of IBM in the short term. Instead, it will pull out all stops to push Think and Lenovo-labeled …
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