Aug. 30 (Bloomberg) -- Lenovo Group Ltd., China’s biggest maker of personal-computers, said it plans to sell a video-game console in the country by year-end as the company expands the range of its products for consumers.
Lenovo set up a venture, Beijing Eedoo Technology Ltd., this month to operate the game-console business, Jay Chen, a company spokesman in Beijing, said by phone today. Other investors in Eedoo include Legend Holdings Ltd., the controlling shareholder of Lenovo, he said.
The maker of Thinkpad laptops will enter a market where Nintendo Co. and Shanda Interactive Entertainment Ltd. have struggled as Chinese players mainly subscribe to play games online on their PCs. Software piracy in the world’s second- biggest economy has also limited growth of the game-console industry, according to analyst Zhao Xufeng.
Read more at BusinessWeek
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