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  1. Corrections & clarifications

    Posted Mar 14th 2007, 12:00am by Staff Reporter

    ... In the story headlined 'Digital China to invest more in IT services' in Tuesday's paper, the company's parent, Legend Holdings, was incorrectly identified as Lenovo Holdings. Digital China is a sister company of Hong Kong-listed Lenovo Group. ...

  2. Lenovo to axe more jobs in revamp

    Posted Feb 27th 2007, 12:00am by Staff Reporter

    ... Bien Perez Mainland computer maker expects to save US$150m a year in new shake-up Lenovo Group, the world's third-largest personal computer maker, plans to shed about 1,000 jobs ... Kong-listed Lenovo since it acquired the former personal computing unit of US-based International Business Machines Corp in May 2005. Lenovo laid off about 1,000 staff in March last year and incurred ...

  3. Lenovo to bow out of Olympics sponsorship after Beijing Games

    Posted Dec 06th 2007, 12:00am by Staff Reporter

    ... Bien Perez Lenovo Group, the mainland's largest information technology company, will end its worldwide Olympics sponsorship after next year's Beijing Games in a move that could ... months after the closing ceremonies of the Beijing Games. No specific reason, except a re-thinking of its marketing initiatives, was given. 'As Lenovo grows, the company's marketing ...

  4. IBM targets up to HK$669m in sale of Lenovo shares

    Posted May 09th 2007, 12:00am by Staff Reporter

    ... Tim LeeMaster and Wong Ka-chun International Business Machines Corp plans to raise as much as HK$669 million from offloading one-third of its remaining stake in Lenovo Group, the world's third-largest personal computer maker, in a share placement. IBM is selling 223 million existing Lenovo shares at an offer price ranging from HK$2.92 to HK$3 each, according to a sale ...

  5. Lenovo chooses fast lane for growth

    Posted May 29th 2007, 12:00am by Staff Reporter

    ... Bien Perez Lenovo Group, whose shares hit a 52-week high yesterday, revved up its marketing efforts in the United States with a sponsorship deal at the 91st Indianapolis 500 race as the mainland company seeks to maintain its position as the world's third-largest personal computer maker. Lenovo, which was also linked with a car at Sunday's Formula One race in Monte Carlo, ...

  6. Lenovo to cut workforce in restructuring

    Posted Apr 21st 2007, 12:00am by Staff Reporter

    ... Bien Perez Shares of Lenovo Group rose to a three-week high yesterday after the personal computer maker unveiled a corporate restructuring that would cut or redeploy about 5 per cent of its global workforce in hopes of saving US$100 million this business year. The South China Morning Post first reported about the planned shake-up in late February. Lenovo needs to improve ...

  7. Lenovo edges up after suspension

    Posted Feb 07th 2007, 12:00am by Staff Reporter

    ... STAFF REPORTER Updated at 5.36pm: Lenovo shares closed four cents or 1.25 per cent higher at HK$3.24 on Wednesday after trading resumed following Tuesday's controversial suspension, ... 3.52 per cent of share capital- at HK$3.20 each. The sale left IBM with an 11.31 per cent stake in Lenovo, one of the world's leading personal computer makers. Lenovo had plunged in early ...

  8. Lenovo to develop software applications with Microsoft

    Posted Apr 19th 2007, 12:00am by Staff Reporter

    ... Bien Perez Lenovo Group, the world's third-largest personal computer maker, has secured another notch up the technology value chain for the mainland through a landmark joint effort ... first with a corporate partner- at Lenovo's research and development facility in Beijing. The two companies will share the intellectual property rights of new technologies and products ...

  9. Lenovo gets Wyse on HP market

    Posted Dec 13th 2007, 12:00am by Staff Reporter

    ... Bien Perez Lenovo Group, the world's third-largest personal computer supplier, is expanding its product portfolio with help from United States-based Wyse Technology, as competition against Hewlett-Packard heats up in the enterprise market. A newly formed alliance between Lenovo and Wyse will allow the mainland computer maker to resell the US firm's global market-leading ...

  10. Lenovo results set stage for stake disposal by IBM

    Posted Aug 06th 2007, 12:00am by Staff Reporter

    ... Bien Perez Following a surprisingly strong fiscal first-quarter result from mainland personal computer maker Lenovo last week, investors must now wait to see if and when International Business Machines (IBM) will dispose of its remaining stake in the world's third-largest PC maker. About 350 million shares in Lenovo Group could be up for sale from today when IBM's ...




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