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(From Business Daily Update)
Author: ww The consolidation of the Chinese computer giant Lenovo Group and the PC unit of the US behemoth IBM took its first step, as executives from both companies revealed their strategies for the Chinese market yesterday. Liu Jun, would-be co-chief operating officer (COO) of Lenovo Group, said yesterday that his company would adopt a matrix structure in its management with two operations - Lenovo China and Lenovo International. The biggest Chinese computer maker acquired IBM's PC business on December 18. Liu said the US Government is still reviewing the deal and it is expected to make a decision in late March. According to the …