[11] A year later, IBM stopped selling their computers at retail outlets after their market share in this sector had fallen considerably behind competitors Compaq and Dell.

[18] On December 3, 2004, The New York Times reported that according to involved people IBM wanted to sell their PC business.

"[19] On December 7, 2004, Chinese technology firm Lenovo announced its intent to purchase the IBM Personal Systems Group for $1.3 billion in an all-stock deal.

[20] On March 9, 2005, the Committee on Foreign Investment in the United States confirmed to IBM that the acquisition could finish.

He stated that he avoided negotiations with Dell and private equity firms and preferring Lenovo for strategic reasons.

He stated that the government of China want their companies to expand globally, IBM enhanced themselves in the Chinese market.