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....Its fortunes started to decline with a series of expensive and much criticised acquisitions, including Compaq for $25bn in 2002, consultants EDS for $14bn in 2008 and Autonomy for $11bn in 2011. By 2012 it had lost its position as the world's leading supplier of PCs to Lenovo. ... [Read full article on BBC ]
Friday 3rd of March 2017 12:08:53 AM
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Latest Finance News related to Lenovo

The smaller the better? image
Source : BBC [Read Article] Friday 3rd of March 2017 12:08:53 AM
....Its fortunes started to decline with a series of expensive and much criticised acquisitions, including Compaq for $25bn in 2002, consultants EDS for $14bn in 2008 and Autonomy for $11bn in 2011. By 2012 it had lost its position as the world's leading supplier of PCs to Lenovo. ...
Nokia 3310 mobile phone resurrected at MWC 2017 image
Source : BBC [Read Article] Sunday 26th of February 2017 04:30:03 PM
....The announcement was made ahead of the start of the Mobile World Congress tech show in Barcelona. LG, Huawei and Lenovo are among others to have unveiled new devices. ...
MWC 2017: Google brings Assistant to more Android phones image
Source : BBC [Read Article] Sunday 26th of February 2017 12:47:07 PM
....But other virtual assistants are out there. At the Mobile World Congress tech show in Barcelona, Lenovo Moto revealed that Amazon's Alexa assistant would be coming to the Moto Z phone. ...
MWC 2017: LG G6 phone is made for split-screen apps image
Source : BBC [Read Article] Sunday 26th of February 2017 12:03:56 PM
.... . But Lenovo continues to pursue the modular idea with its Moto Z devices, which do not need to be switched off when their parts are swapped. ...
Chinese company Alibaba signs deal to be major sponsor of Olympic Games image
Source : Guardian [Read Article] Thursday 19th of January 2017 01:41:33 PM
.... Lumme said that more than one company was involved in the tender process, but swiftly added that it was apparent Alibaba was “far and away the partner of choice due to the length and breadth of their commitment”. It is only the second time that a Chinese company has been a top tier Olympic sponsor, following on from the computer firm Lenovo at the 2008 Beijing Games, although last year Dalian Wanda, led by China’s richest man Wang Jianlin, paid $1. ...
Fitbit confirms Pebble takeover deal image
Source : BBC [Read Article] Wednesday 7th of December 2016 03:45:27 PM
....Other smartwatch makers have also found the market to be tougher than expected. Lenovo recently said it would not launch a new generation of its Moto watch to coincide with the launch of Android Wear 2. ...
Apple adds Touch Bar to MacBook Pro laptops image
Source : BBC [Read Article] Thursday 27th of October 2016 06:06:45 PM
....By comparison, Microsoft's new Surface Book laptop - which has a 13. 5in detachable touchscreen - starts at $2,399, while Lenovo's Yoga 910 - which has a 13. ...
Windows 10 update and Surface Studio PC unveiled image
Source : BBC [Read Article] Wednesday 26th of October 2016 05:00:04 PM
....". Microsoft revealed Acer, Asus, Dell, HP and Lenovo will manufacture new Windows 10-compatible virtual reality headsets, which fill the wearer's view with computer-powered images. ...
Slow delivery from AliExpress means there’s no China crisis for Amazon image
Source : Guardian [Read Article] Saturday 15th of October 2016 06:00:07 AM
.... For a start, AliExpress is not a retailer itself, rather a giant marketplace for Chinese retailers to push their wares, with brands popular in the west notably absent. For example, try buying a laptop from Lenovo – a Chinese company – such as its Ideapad 100, which can be found on Amazon for £384. ...
Fujitsu to cut up to 1,800 jobs in UK image
Source : BBC [Read Article] Tuesday 11th of October 2016 04:02:40 PM
....". Last week, Fujitsu's shares jumped on reports it could sell its computer business to rival Lenovo. ...
Apple's iPhone 7 ditches traditional headphone socket image
Source : BBC [Read Article] Wednesday 7th of September 2016 06:31:47 PM
....However, it was not first in this case. "Lenovo's Moto Z and select models from Chinese manufacturer LeEco have launched without the 3. ...
Lenovo quarterly profit rises 64% despite 'challenging' industry image
Source : BBC [Read Article] Thursday 18th of August 2016 01:16:16 AM
. The world's biggest personal computer-maker, Lenovo, said first-quarter earnings rose 64% to $173m (£132m), beating market expectations. ...
Computers and chocolate set to get pricier after Brexit vote image
Source : Guardian [Read Article] Thursday 7th of July 2016 02:58:06 PM
....Prices of computers and chocolate are likely to rise in early signs of inflation spurred by the falling value of the pound since Britain voted to leave the EU. Lenovo, the world’s biggest maker of personal computers, has said it is considering price increases in reaction to sterling’s fall. ...
Samsung expects most profitable quarter in over two years image
Source : BBC [Read Article] Thursday 7th of July 2016 04:24:03 AM
....The global smartphone market has seen growth slow as users rein back on spending and replace or buy new devices. Chinese companies like Lenovo, Xiaomi and Oppo have also released cheaper handsets that have eaten into the profit margins of more established players like Apple, which posted its first quarterly revenue decline in 13 years in April. ...
Should you ever ask for a pay cut? image
Source : BBC [Read Article] Thursday 7th of April 2016 05:08:35 PM
.... . For two successive years the head of the world's largest PC manufacturer, Lenovo, shared his personal bonus with employees in 2012 and 2013. ...
This little-known state law promotes happy employees and innovative ideas image
.... Before long, the Android market was taken over by more innovative competitors. In 2012, Google bought Motorola’s cell phone business and later sold it to Lenovo. ...
Lenovo shares fall on poor revenues image
Source : BBC [Read Article] Wednesday 3rd of February 2016 09:15:51 AM
. The world's largest personal computer-maker Lenovo saw shares plunge by more than 10% after it reported that quarterly revenues fell for the first time in more than six years. ...
Xiaomi, Vivo and Oppo: the challengers leading China’s charge against Apple image
.... “Apple has worked hard to extend its retailer coverage across China, while Apple Music and other localised services have refreshed the iOS ecosystem for Chinese consumers,” notes Oh. Neil Shah at Counterpoint Research, another analysis firm, says that Xiaomi has had great success attracting first-time customers in the under-$150 segment, where it competes with local rivals such as Lenovo. ...
Record fall in global demand for PCs image
Source : BBC [Read Article] Wednesday 13th of January 2016 12:46:57 AM
....". Chinese tech giant Lenovo, however, remained at the top of the market - owning more than 20% of it. ...
Amazon Boxing Day sales: Best deals on laptops, movies and clothes image
Source : Telegraph [Read Article] Monday 21st of December 2015 11:44:43 AM
.... . • Lenovo YOGA 300 11. ...
How Apple made itself crunch-proof image
Source : Guardian [Read Article] Sunday 1st of November 2015 09:00:05 AM
....8bn profit made by the six biggest manufacturers in the second quarter of the year, but sold only 7% of the machines. The two biggest, Lenovo and HP, shipped 20% and 18% of PCs worldwide, and made 20% and 11% of the profits. ...
Made in India but by a Chinese firm image
Source : BBC [Read Article] Tuesday 20th of October 2015 11:14:45 PM
....Chinese smartphone brands are probably the most visible Chinese products being made in India. In the past year, as well as Xiaomi, OnePlus, Lenovo, Gionee and Asus have all announced that they are planning to "Make In India". ...
'Modular' smartwatch BLOCKS takes aim at the Apple Watch image
Source : Telegraph [Read Article] Tuesday 13th of October 2015 04:10:22 PM
.... . The BLOCKS watch has been created in partnership with Taiwanese manufacturing giant Compal Electronics, which makes laptops for Acer and Lenovo. ...
Dell makes $67bn bet on EMC in tech history's largest acquisition image
Source : Guardian [Read Article] Monday 12th of October 2015 11:45:02 AM
.... Founder and CEO Michael Dell took the company private at a price of $25bn in 2013 largely to escape the clutches of investors who wanted to oust him (notable among them activist investor Carl Icahn). Most computer users will be familiar with Dell, the third-largest computer vendor in the world behind HP and Lenovo, but fewer will know EMC, a company with a large legacy business in packaging, selling and making software for computer storage systems. ...
Dell breaks record for tech industry with $67bn EMC takeover image
Source : Telegraph [Read Article] Monday 12th of October 2015 08:02:51 AM
.... Mr Dell founded the company that bears his name in his university dorm in 1984. Its custom-made designs helped it become the biggest PC manufacturer in the early 2000s, but cheap competition from Lenovo and the rise of HP set it back. ...
Best of luck Microsoft, but the Surface Book isn't going to save the PC image
Source : Telegraph [Read Article] Monday 12th of October 2015 05:00:32 AM
.... . Similar things are happening at HP, which is splitting into two next month to free its growing data and infrastructure unit from its declining hardware operation, and Lenovo, which bought Motorola’s mobile business from Google last year. ...
HP and Dell suspend use of interns in Chinese factories image
Source : Guardian [Read Article] Tuesday 6th of October 2015 11:00:29 AM
....According to an investigation released this week by DanWatch, a Danish human rights research group, Xu Min is among thousands of Chinese students sent by their schools to the assembly lines of some of the world’s biggest electronics manufacturers in China to make servers that will most likely end up at European universities. The investigation took DanWatch to the assembly lines of Wistron Corporation in Zhongshan, which manufactures servers for HP, Dell and Lenovo, where it found Chinese students working against their will – they won’t graduate otherwise – often between 10 to 12 hours a day for up to five months. ...
Lego and Paypal knock Pizza Hut and Nokia out of most valuable brands  image
Source : Telegraph [Read Article] Monday 5th of October 2015 05:00:05 AM
.... . The new entrants, which included Paypal, Mini, Moët & Chandon and Lenovo, knocked Pizza Hut, Nokia, Gap, Nintendo and Duracell off the list. ...
Google and Microsoft in lawsuit truce image
Source : BBC [Read Article] Wednesday 30th of September 2015 11:37:43 PM
....3bn) in 2011, only to sell it in 2014 for $2. 91bn to Lenovo. ...
If this is a tech bubble, it's very different to the last one image
Source : Telegraph [Read Article] Sunday 27th of September 2015 04:36:51 PM
.... Google paid $12. 5bn for Motorola Mobility in 2011, anticipating a patent war that never really got going, and sold it to Lenovo for $3bn last year. ...
The tech bosses in this photo are worth $200 billion image
Source : Telegraph [Read Article] Thursday 24th of September 2015 10:51:41 AM
....com's Liu Qiangdong, Cisco's John Chambers, Alibaba's Jack Ma, IBM's Ginni Rometty, Chinese President Xi Jinping, Microsoft's Satya Nadella, China's Internet czar Lu Wei, Apple's Tim Cook, Tencent's Pony Ma, and Amazon's Jeff Bezos. Middle row from left: Sohu's Zhang Chaoyang, AMD's Lisa Su, Lenovo's Yang Yuanqing, Microsoft's Harry Shum, Qualcomm's Steve Mollenkopf, CETC's Ziong Qunli, Intel's Brian Krzanich, Qihoo 360's Zhou Hongyi, LinkedIn's Reid Hoffman, and SINA's Cao Guowei. ...
Source : Independent [Read Article] Friday 18th of September 2015 11:49:47 PM
....What HP will be left as is a company selling software, not hardware, which means it starts to look a lot like IBM. The only difference is that IBM sold its computer arm to the Chinese company Lenovo a full decade ago, and then last  year disposed of its servers division to the same buyer. ...
Hewlett-Packard cuts up to 30,000 jobs image
Source : BBC [Read Article] Tuesday 15th of September 2015 10:43:04 PM
.... . In 2012 it lost its position as the world's leading supplier of PCs to Lenovo. ...
HTC exits main Taiwan share index image
Source : BBC [Read Article] Monday 7th of September 2015 11:25:04 AM
.... Samsung alone spent over $60m on marketing the launch of its new Galaxy S6 smart phone, roughly the same as HTC's entire annual marketing budget. Meanwhile, Chinese makers such as Xiaomi and Lenovo have squeezed it at the cheaper end. ...
Smartphone sales 'fall in China' image
Source : BBC [Read Article] Thursday 20th of August 2015 01:07:03 PM
....However, not all manufacturers experienced a drop. Samsung's sales were 49% lower - despite the launch of its Galaxy S6 models- and Lenovo also experienced a big fall-off in demand. ...
World's biggest smartphone market hits saturation as sales in China fall for first time image
.... . As the amount of people in China buying new smartphones plateaus and matures into an upgrade market, homegrown brands including Huawei, Xiomi and Lenovo will pursue Western markets more aggressively, according to Ben Wood of CCS Insight. ...
Lenovo cuts jobs as profits halve image
Source : BBC [Read Article] Thursday 13th of August 2015 05:02:02 AM
. Chinese computer and smartphone company Lenovo has announced 3,200 job cuts as it reported a halving of profits. ...
Chinese economy shockwaves: the winners and losers image
Source : Guardian [Read Article] Wednesday 12th of August 2015 04:19:15 PM
.... Car drivers may benefit if any falls are passed on the pumps. LenovoThe Chinese computer company will enjoy a 5% increase in incremental earnings from every 2% depreciation in the Chinese currency, according to analysts at HSBC. ...
Windows 10 launch - as it happened image
Source : Telegraph [Read Article] Wednesday 29th of July 2015 05:00:19 PM
.... They can either download this over the web or buy the operating system on a USB drive and install it that way. PC manufacturers including HP and Lenovo will also begin selling sevices with Windows 10 pre-loaded from today. ...
AUDIO: Motorola wants battery breakthrough image
Source : BBC [Read Article] Tuesday 28th of July 2015 02:50:03 PM
....Motorola's president has said that he would love there to be a battery tech breakthrough, but believes it will be a long time before his industry can offer a phone that lasts for a week or longer. Rick Osterloh was speaking to the BBC to mark the launch of the Lenovo-owned firm's latest handsets. ...
Toshiba’s woes show how PC sales slump is squeezing big tech firms image
Source : Guardian [Read Article] Saturday 25th of July 2015 03:00:10 PM
....”. The squeeze on margins is so fierce that even Lenovo, the world’s largest PC maker, tried to boost profits by bundling a software program called Superfish on some of its PCs. ...
Apple share price drop knocks tech stocks across the globe image
Source : Telegraph [Read Article] Wednesday 22nd of July 2015 07:57:39 AM
.... Hong Kong’s Hang Seng Index retreated 1. 2pc, dragged lower by Hong Kong Exchanges & Clearing Ltd and Lenovo Group Ltd. ...
Toshiba boss resigns over scandal image
Source : BBC [Read Article] Tuesday 21st of July 2015 07:26:08 AM
....Karissa Chua, analyst of consumer electronics at market research firm Euromonitor said Toshiba's struggles highlighted the problems that have plagued many Japanese tech firms in recent years. "With the exception of cameras, Japanese firms are no longer able to compete effectively with the likes of companies like Samsung and Lenovo," she said. ...
IBM sees sales fall for 13th straight quarter image
Source : Telegraph [Read Article] Monday 20th of July 2015 09:54:11 PM
.... . The company, which sold its x86 server business to Lenovo last year, has continued realigning its operations by paying contract chip maker Globalfoundries to take over its loss-making semiconductor unit this month. ...
Amazon Prime Day: shoppers buy 398 items every second image
Source : Telegraph [Read Article] Thursday 16th of July 2015 06:54:31 PM
.... Amazon revealed it sold a total of 34. 4m products on Prime Day, held on July 15, with a Lenovo Notebook proving to be the most popular item in the UK. ...
Shanghai shares hit seven-year high image
Source : BBC [Read Article] Thursday 4th of June 2015 01:12:58 AM
....34tn; £873bn) of cash. Meanwhile, the largest shareholder in technology giant Lenovo was expected to gain approval for an initial public offering in Hong Kong on Thursday. ...
Revenues up 20% at China's Lenovo image
Source : BBC [Read Article] Thursday 21st of May 2015 07:17:51 AM
. China's Lenovo, the world's biggest personal computer maker, has reported a 20% rise in full-year revenues. ...
Samsung back on top as world’s biggest smartphone manufacturer image
Source : Guardian [Read Article] Wednesday 29th of April 2015 10:16:54 AM
. Samsung has reclaimed the top spot in global smartphone sales, beating Apple and Lenovo, despite its profits slipping 39%. ...
PC sales plunge again as users switch to tablets image
Source : Telegraph [Read Article] Thursday 9th of April 2015 10:00:23 PM
.... Some computer makers are doing better than others. China's Lenovo, the world's biggest PC company, saw an increase in worldwide sales, as did its nearest competitor, California-based Hewlett-Packard. ...
Lizard Squad hacks Lenovo website, week after Superfish controversy image
Source : Independent [Read Article] Thursday 26th of February 2015 01:29:06 PM
. The website of computer maker Lenovo was hacked yesterday, apparently by Lizard Squad, just days after the company was embroiled in controversy about the “Superfish” adware. ...
China's Lenovo becomes victim of cyber-attack image
Source : BBC [Read Article] Thursday 26th of February 2015 07:43:48 AM
. Chinese computer maker Lenovo has become the victim of a cyber-attack following a warning by the US government about software called Superfish. ...
New Lenovo computers install dangerous malware that could allow hackers to spy on users image
. New Lenovo computers came shipped with software that forced ads onto the users and could have left them vulnerable to hacking. ...
Lenovo profit beats forecasts thanks to smartphone sales image
Source : BBC [Read Article] Tuesday 3rd of February 2015 01:39:54 AM
. Technology group Lenovo has posted a better-than-expected profit after sales in its smartphone division more than doubled. ...
China's challenge: Moving from copier to innovator image
Source : BBC [Read Article] Tuesday 27th of January 2015 08:11:43 PM
.... . Chinese computer giant Lenovo, the world's largest PC firm, has offices in more than 60 countries and 40% of its board members are non-Chinese. ...
The man with his head in the cloud who sees 3bn customers connected image
Source : Telegraph [Read Article] Sunday 25th of January 2015 10:39:08 PM
.... “It’s a bit big for me – I drop it all the time. ” A Google veteran, Woodside took over Motorola when the search giant bought the company, then left when it was sold on to Lenovo to join Dropbox, Silicon Valley’s hottest cloud company. ...
Toying with a revolution for budding engineers image
Source : Telegraph [Read Article] Saturday 24th of January 2015 04:58:48 PM
.... When the Meccanoid was unveiled at the Consumer Electronics Show (CES) in January, it took home the top prize, which is voted for by an audience applause tracker. The humanoid robot beat nine other gadgets, including Lenovo’s tablet writing technology and a 3D printer made out of recycled products, to win the Last Gadget Standing showdown. ...
China's Xiaomi unveils two thinner, lighter phablets image
Source : BBC [Read Article] Thursday 15th of January 2015 09:06:06 AM
....The firm has set a target of selling 100 million phones in 2015, but Mr Loo of Euromonitor said the goal was a little "stretched" and its success depended on overseas expansion, which has not been as successful as it had hoped for. "Xiaomi is not well-known beyond China and only tech-savvy consumers in other markets have heard of the company, unlike Lenovo which is a household name internationally," he said. ...
Motorola heads back into China's smartphone market image
Source : BBC [Read Article] Wednesday 7th of January 2015 07:31:15 AM
....Motorola's phone business had retreated from the mainland in 2013 after it came under Google's ownership. However, in October last year, China's Lenovo completed the purchase of Motorola Mobility from Google, paving the way for the firm to re-enter the mainland's marketplace. ...
Chinese tech firm Xiaomi is now worth more than Uber image
Source : Telegraph [Read Article] Monday 29th of December 2014 10:27:04 AM
.... . The Beijing-based tech firm is the world’s fourth-largest smartphone maker, behind Samsung and Apple, after it was nudged off its brief stint in third place when Lenovo acquired Motorola Mobility from Google in October. ...
HP earnings fail to impress investors ahead of split image
Source : BBC [Read Article] Wednesday 26th of November 2014 01:05:39 AM
.... . HP has been facing stiff competition from rivals such as China's Lenovo, which overtook it as the world's largest PC maker in 2012. ...
Chinese PC maker Lenovo reports 19% rise in profits image
Source : BBC [Read Article] Thursday 6th of November 2014 07:00:08 AM
. Chinese computer giant Lenovo has beaten expectations to announce a 19% rise in net profits for the three months to September. ...
Samsung Electronics profit falls to lowest in three years image
Source : BBC [Read Article] Thursday 30th of October 2014 12:29:41 AM
....Samsung's mobile division, its biggest business, has been struggling to maintain its dominance against rivals such as Apple, which recently released the new iPhone 6. Its flagship Galaxy smartphone line has been losing market share to Chinese smartphone-makers Xiaomi and Lenovo, which sell cheaper models that also have large screens and multiple features. ...

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