Lenovo and NEC officially launched their joint venture in Japan today.
The NEC Lenovo Japan Group, as the venture is called, will be Japan's largest PC provider. The two companies have a combined market share of nearly 25 percent in Japan.
Lenovo, which has a headquarters in Morrisville that employs about 1,625 employees, announced the joint venture earlier this year.
Lenovo as a 51 percent ownership stake in the joint venture.
The two have also reportedly talked about expanding the venture to include servers, to give NEC greater access to the Chinese market.
In a statement issued today, Lenovo CEO Yang Yuanqing, said: "We would like to stress again that we are fully committed to the Japanese market and we are determined to continue to lead the PC industry in Japan and expand this strategic alliance beyond the PC business."
Mary Cornatzer has worked at The News & Observer for more than 25 years, covering the local music industry, state movie industry and travel. She has been the paper's Business editor since 2000. Contact Mary at 919-829-4755 or