January 20, 2011 / 11:29 PM / 7 years ago

NEC: nothing decided on PC joint venture with Lenovo

TOKYO (Reuters) - Japan’s NEC Corp said on Friday that nothing has been decided on a personal computer joint venture with China’s Lenovo after the Nikkei business daily said the two are in final stages of talks on a tie-up.

“What’s been reported in the Nikkei did not come from us,”

an NEC spokesman said, declining to elaborate.

The Nikkei said that Lenovo may take a majority stake in NEC Personal Products Ltd, a wholly owned NEC unit, that makes and sells personal computers.

Reporting by Mariko Katsumura; Editing by Joseph Radford

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