“Japan’s Sony Corp and Chinese technology company Lenovo Group are in talks about a possible joint venture to take over Sony’s loss-making Vaio PC business overseas, Japanese broadcaster NHK reported on Saturday,” Reuters reports.
“The Japanese electronics and media giant called the report inaccurate while acknowledging that it was looking at various possibilities for the unit,” Reuters reports. “‘Sony continues to address various options for the PC business, but the press report on a possible PC business alliance between Sony and Lenovo is inaccurate,’ the company said in a statement.”
Reuters reports, “Moody’s Investors Service cut Sony’s debt rating to junk status last week, highlighting challenges in its television and PC businesses and pressure on profitability at its entire core consumer electronics operation.”
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MacDailyNews Take: Apple owns the high-end personal computing market. Only the extremely confused would even consider buying Vaio.