27 February 2020

Lenovo open to acquisition opportunities, chief says

Lenovo Group Ltd. (00992.HK) is open to acquiring assets that can expand its market, Koh Kong-meng, vice president and general manager for East Asia, told reporters in Hong Kong on Friday. “Wherever there is value and where there are opportunities to expand our market, we will do so [acquire assets],” Koh said. He sidestepped a question about a reported bid by Lenovo for BlackBerry, saying the Chinese PC maker does not comment on market rumors. This followed an Oct. 18 report by the Wall Street Journal that Lenovo is considering a bid for the beleaguered Canadian company.

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