IBM Gives Shanghai a Real Surprise (washingtonpost.com) washingtonpost.com - IBM's decision to sell its personal computer business to China-based Lenovo gives the world's third-largest nation the distinction of housing what will soon be the world's third-largest PC maker. On a deeper level, the deal also marks a changing of the guard in the PC business and rearranges the game board for rivals Dell and Hewlett-Packard.