,Legend Holdings, the parent of the world's biggest PC maker Lenovo, said it would buy a 15.9% stake in chipmaker Fullhan Microelectronics for 1.54 billion yuan ($236.9 million) in a push to diversify its portfolio. Legend's unit Dongfangqihui bought 12.8 million shares between Sept. 1 and March 17 from privately held Quick Talent Holdings, the company said on Wednesday, with the last round of transaction for a 5.2% stake yet to settle. Most well-known for its ownership of Lenovo, Legend, for years has sought to diversify its portfolio beyond the computer sector, including finance and car rental industries. (https://reut.rs/3vthuZw) By investing in Fullhan, the Chinese firm "is eyeing on the long-term development potential of the semiconductor track and pan-security field, which is expected to increase the return on investment income of the company's financial investment segment," Legend said. ($1 = 6.5009 Chinese yuan renminbi) REUTERS
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