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  1. Games gold seen eluding Lenovo

    Posted Aug 05th 2008, 12:00am by Staff Reporter

    ... Weakness in core market to weigh on sales despite boost from Olympics As one of the most visible sponsors of the Beijing Olympics, Lenovo Group may achieve greater global brand awareness ... 'I don't think [Lenovo's Olympics sponsorship] will have much of an impact in the near term because personal computer growth on the mainland, which accounts for 50 per cent ...

  2. Lenovo shares drop 6.8pc on slowdown worries

    Posted May 24th 2008, 12:00am by Staff Reporter

    ... Concerns over the global economy and profit taking by investors yesterday combined to punish the share price of computer maker Lenovo Group, which reported its eighth consecutive quarter of earnings growth on Thursday. The biggest fear might be that a slowdown in information technology spending will hit Lenovo where it hurts the most, its core market on the mainland. The company, ...

  3. Sale of Lenovo unit approved

    Posted Mar 18th 2008, 12:00am by Staff Reporter

    ... Disposal of mobile-phone business part of expansion plan Mainland computer giant Lenovo Group saw its international expansion strategy move on to the fast track, as shareholders gave their approval to disposing of the company's money-losing mobile-telephone business. A majority of Lenovo's independent shareholders yesterday voted in favour of the disposal ...

  4. Timing not right as Lenovo and Positivo call off merger talks

    Posted Dec 19th 2008, 12:00am by Staff Reporter

    ... Bien Perez Lenovo Group and Positivo Informatica, Brazil's leading personal computer vendor, have ended talks over the mainland company's proposed buyout deal because of economic uncertainties and instead plan to pursue 'a broad strategic alliance'. This is the second time in two years that Lenovo, the world's fourth-largest personal computer supplier, has failed ...

  5. Sanmina deal to help Lenovo expansion

    Posted Jun 09th 2008, 12:00am by Staff Reporter

    ... Bien Perez Lenovo Group last week completed its acquisition of the Mexican personal computer business of Sanmina-SCI Corp to push forward its manufacturing expansion efforts in North America despite an expected slowdown in technology spending this year. The assets would form part of Lenovo's new 24,155 square metre Monterrey facility, which is due to start up in the third ...

  6. Lenovo tumbles on growth and costs concerns

    Posted Jan 10th 2008, 12:00am by Staff Reporter

    ... Mainland computer giant Lenovo Group's share price took a beating yesterday on fears of weaker information technology spending overseas and growing domestic labour costs, casting a pall on the company's first week of expansion into the international market. But more bad news could hammer Lenovo. Taiwanese rival Acer is expected to supplant it as the world's ...

  7. Lenovo shares gain on hopes for demand boost

    Posted Aug 09th 2008, 12:00am by Staff Reporter

    ... Bien Perez Lenovo Group may have settled into a fresh Olympic groove, as the computer maker's shares showed healthy gains in local trading amid news of its solid fiscal first-quarter results and the hope of greater demand from its core mainland market from next month. One of the lead sponsors of the Summer Olympic Games in Beijing, Lenovo posted a 65 per cent year-on-year ...

  8. Sponsors' Corner

    Posted May 28th 2008, 12:00am by Staff Reporter

    ... Bien Perez Profiling the Games' major backers. This week: Lenovo Group Four years into its role as the first mainland company to become a worldwide Olympic sponsor, computer maker Lenovo Group is running a gruelling global marketing marathon unprecedented for a Chinese firm. As well as commitments to the Games in Beijing, the world's fourth-largest personal-computer ...

  9. Lenovo acquires Sanmina unit in American push

    Posted Feb 20th 2008, 12:00am by Staff Reporter

    ... Lenovo Group has agreed to acquire the Mexican personal computer business of Sanmina-SCI Corp for an undisclosed sum, marking the mainland technology giant's first big acquisition ... Sanmina said it had entered into a non-binding memorandum of understanding to sell its personal computing operation and other related assets in Mexico to Lenovo. The operations are based ...

  10. Lenovo targets acquisitions in emerging markets

    Posted Mar 12th 2008, 12:00am by Eric Ng

    ... Lenovo Group will focus its overseas investment on emerging markets and continue to pursue acquisitions despite its failed attempt to buy Europe's Packard Bell last year, according to its chairman. Lenovo, which took over the personal computer division of industry giant IBM in 2005, has set its sights on India, Brazil, Mexico, the Middle East and eastern Europe ...




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