US thinks IBM-Lenovo deal might pose threats to national security

Story dated 25 January 2005

You think? I was saying this very thing a month ago on my web site. Why the slow realization? "The deal between IBM and Lenovo, the leading Chinese PC maker could be disrupted by the US administration as the government plans to look into potential security problems posed by the $1.75 billion sale that would turn the Chinese company into a third-largest global personal computer producer." All I have to say is that if the sale happens, I will never buy another IBM product -- which is sad for me because I am a loyal IBM customer, but I will not spend my money to support a government that doesn't have even the vaguest inkling of what basic human rights are. "In the past, the US has blocked sales to Chinese firms on similar grounds. In 2003, Global Crossing failed to obtain approval to sell its telecommunications network to Hong Kong-based Hutchinson Whampoa." "The Chinese government has close ties with many companies there. The foreign investment committee must ensure U.S. national and economic security is not jeopardized." Finally, one of our reporters actually noticed that. We actually need to make a law requiring the nationalization of any business in the United States operated by a foreign military power, or by an active officer in a foreign military. I wonder what rank the CEO of Lenovo holds?
---------Lenovo abide with US regulations amid national security concerns
---------IBM-Lenovo Sale Hits Roadblock

posted by The Sovereign Editor | 4:14 PM

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