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PC Giant Lenovo Plans China Listing, Sending Stock Soaring

Lenovo Plans China Listing, Sending Stock Soaring Shares in the world’s largest PC maker hit their highest level since 2015 Lenovo intends to join the STAR Market, China’s answer to the Nasdaq. Photo: philippe lopez/Agence France-Presse/Getty Images By Updated Jan. 13, 2021 10:08 am ET Lenovo Group Ltd. is capitalizing on two booming markets, Chinese stocks and the global PC industry, to list in Shanghai. The company is the world’s largest maker of personal computers and is well-known for acquiring IBM ’s ThinkPad unit and the Motorola Mobility smartphone business. The news that Lenovo would join the STAR Market, China’s answer to the Nasdaq, boosted its Hong Kong-traded shares, which on Wednesday hit their highest level since 2015.

Defense Modernization Programs To Drive The Military Computers Market Growth

According to a new market research report published by Acute Market Reports “ Military Computers Market (Type – Rugged Computers (Portable Computers and Wearable Computers) and Embedded Computers, Platform –Airborne, Land and Naval) – Growth, Future Prospects and Competitive Analysis, 2018 – 2026”, the global military computers market was valued at US$ 12.9 Bn in 2017 and will be growing at a CAGR of 6.1% during the forecast period from 2018 to 2026. Market Insights The military computers market was valued at US$ 12.9 Bn in 2017 and would be growing at a compounded annual growth rate (CAGR) of 6.1% during the forecast period from 2018 to 2026. Recent territorial disputes have led various countries across the word to implement defense modernization programs on a large scale. Increasing defense budget has further helped in these modernization programs. In recent years, countries such as India, China, Saudi Arabia and South Asia countries have focused

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