Sony, Lenovo in talks on possible PC business alliance

TOKYO, Feb 1 (Reuters): Japan's Sony Corp and Chinese technology company Lenovo Group are in talks about a possible joint venture to take over Sony's loss-making Vaio PC business overseas, Japanese broadcaster NHK reported on Saturday.
The Japanese electronics and media giant called the report inaccurate while acknowledging that it was looking at various possibilities for the unit. "Sony continues to address various options for the PC business, but the press report on a possible PC business alliance between Sony and Lenovo is inaccurate," the company said in a statement.
Sony has said it plans to revise its product and manufacturing strategy for the Vaio unit as it faces a slump in its PC business, hit by the popularity of smartphones and tablets.