posted by Thom Holwerda on Mon 16th Oct 2006 21:05 UTC
IconNEC confirmed that it was exiting the European PC market, announcing it had reached a deal to sell its Netherlands-based Packard Bell subsidiary to Chinese entrepreneur Lap Shun 'John' Hui. Financial terms of the deal were not disclosed. Although a popular brand of computers in for a short period of time in the mid 1990s worldwide, Packard Bell quickly was eclipsed by competitors, mainly for a reputation of lackluster quality and poor customer support.
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