More in this HEXUS.lifestyle.headline.NEC has sold its Packard Bell European consumer PC business to the Chinese entrepreneur Lap Shun "John" Hui for an undisclosed sum.
Hui co-founded eMachines, a PC system builder that was sold to Gateway in 2004 in a cash-and-stocks deal, making him Gateway's largest shareholder. Then, in August 2006, Hui put in a bid that was turned turned down to buy Gateway's retail operations for $450 million.