PC vendor Lenovo has formed a joint venture with laptop contract manufacturer Compal Electronics to build and operate a new factory in China, as part of a move to keep up with product sales, Lenovo announced Tuesday.
Acer, the world's second largest PC maker, saw its revenue slump in the first quarter following a management shakeup and what it described as a seasonal lull in demand. The Taiwanese manufacturer is now counting on tablets to boost overall sales.
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