China's Lenovo plans to invest US$500mil in tech-startup fund


A man uses his laptop next to Lenovo's logos during the Mobile World Congress in Barcelona, Spain February 25, 2016. REUTERS/Albert Gea

BEIJING: Lenovo Group Ltd, the world's largest personal computer maker, plans to invest US$500mil (RM2bil) in a technology startup fund, the Beijing-based company said. 

The fund Lenovo Capital, which will be funded and managed by Lenovo Group, is looking to invest in sectors including artificial intelligence, robot and cloud computing, said the company's senior vice president He Zhiqiang at an event in Beijing. 

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