China approves HP's $1.1 billion buy of Samsung's printer business with curbs

BEIJING (Reuters) – China said on Thursday it has approved HP Inc’s (HPQ.N) $ 1.1 billion purchase of Samsung Electronics’ (005930.KS) printer business with certain restrictions, citing concerns about the U.S. firm’s dominance of the domestic laser printer market. HP announced the deal in September 2016, hoping to disrupt the $ 55 billion copier market […] Read more »

Dell expanding in China with $125B investment over five years

Dell plans to invest US$ 125 billion over the next five years in China, the company’s second largest market outside the U.S. The computers and IT services company is also collaborating with the state-controlled Chinese Academy of Sciences to set up an “Artificial Intelligence and Advanced Computing Joint-Lab,” and is expanding its own research and […] Read more »