According to the agreement between both parties, Compal has the option of selling and may sell its shares up to 750 million USD after October 1, 2017. The outside world worries that after the sale of the shares of Lianbao Electronics, the Lenovo Tongbao-Bao partnership has changed, but Renren Po general manager denied.
Compal general manager Chen Ruicong had disclosed that with the Association will not be punished for the loss of Lianbao, and Compal orders from Lenovo will not be reduced. Interpretation of the industry, Chen Ruicong think the two sides will be closer cooperation, should be associated with Lenovo interested in stocks, however, spokesman Lu Qingxiong Compal yesterday said, "I have not heard."
According to statistics, in 2017, more than 60% of Lenovo's notebooks are manufactured by UnionPay and 40% are outsourced, while Compal won about 60% of the outsourced orders. (Li Nan)