Lenovo to Benefit from the PRC’s Indigenous Tech Ultimatum. Will Democratic Countries Respond?
Early this morning, Bloomberg reported, “China has ordered central government agencies and state-backed corporations to replace foreign-branded personal computers with domestic alternatives.”
The directive, claims Bloomberg, is consistent with China’s “sweeping effort to reduce its dependence on geopolitical rivals such as the U.S. for everything from semiconductors to servers and phones.”
Lenovo Consolidates Chinese Market and Continues to Sell to States – Despite Military Bans
Lenovo, the global PC manufacturer partly owned/controlled by the Chinese government, will profit most from the ban as the central government replaces 50+ million PCs, with many more sales to come from provincial governments.
Ironically, the Bloomberg report speculated that Beijing is concerned about security, yet the State Department, Department of Homeland Security, and… Read More