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  1. Lenovo to provide IT support for Shanghai Expo

    Posted Jul 04th 2009, 12:00am by Staff Reporter

    ... Mainland technology giant Lenovo Group, which had two consecutive quarters of losses because of the economic slump, agreed yesterday to sponsor the computing network and system operations ... 1 to October 31 next year. Financial terms were not disclosed. Although deemed a major investment, Lenovo's Expo commitment pales in comparison with the company's global sponsorship deal ...

  2. Lenovo opens Mexico plant amid global push

    Posted Feb 23rd 2009, 12:00am by Staff Reporter

    ... While it has vowed to pursue further growth at home, mainland computer giant Lenovo Group continues to push its overseas expansion forward with the opening of a manufacturing plant ... the company's largest manufacturing investment outside the mainland. Chief executive Yang Yuanqing said the challenge for Lenovo amid the economic downturn was 'to focus on the execution of our ...

  3. Lenovo stays upbeat while stock dives on record loss

    Posted May 23rd 2009, 12:00am by Staff Reporter

    ... Mainland technology giant Lenovo Group saw its share price fall the most in more than a week, following a record quarterly loss and an atmosphere of continued weakness in the computer ... efficiency and help realise savings of US$300 million. 'I do not see Lenovo turning around in the near term,' said JP Morgan analyst Charles Guo. 'Lenovo has the difficult task ...

  4. Results

    Posted Feb 03rd 2009, 12:00am by Staff Reporter

    ... Tomorrow Interim: Esprit Holdings 3rd Quarter: ZMay Holdings February 5 1st Quarter: Semiconductor Manufacturing International 3rd Quarter: Lenovo Group, TS Telecom Technologies Final: SMI Publishing Group ...

  5. Lenovo buys back handset-making unit

    Posted Nov 28th 2009, 12:00am by Staff Reporter

    ... Bien Perez Mainland computer giant Lenovo Group is plotting an aggressive push into the mobile internet devices market by reacquiring for US$200 million the handset manufacturing company that it divested last year. The world's fourth-largest personal computer supplier yesterday announced it would buy in cash and shares 100 per cent of Lenovo Mobile Communications Technology from ...

  6. Lenovo sales set to pick up on policy support

    Posted Jul 14th 2009, 12:00am by Staff Reporter

    ... Computer maker Lenovo Group's sales in its core mainland market appear to be on the upswing, following two consecutive quarters of losses, analysts say. The world's ... analyst at JP Morgan Securities in Hong Kong, without elaborating. Joseph Ho, an analyst at Daiwa Institute of Research, said Lenovo's improved numbers on the mainland would be confirmed ...

  7. Lenovo could return to profitability on sales recovery and Windows 7

    Posted Jul 27th 2009, 12:00am by Staff Reporter

    ... Bien Perez With a steady sales rebound in its core mainland market and fresh demand for new personal computers with Windows 7 software, Lenovo Group could pull off a return ... analyst Charles Guo at JP Morgan Securities. 'We still expect Lenovo to record a loss in its first fiscal quarter but be very close to break-even. It should enter positive territory ...

  8. Funds try to cash out of Lenovo

    Posted Sep 09th 2009, 12:00am by Staff Reporter

    ... Wong Ka-chun Private equity firms TPG, General Atlantic and Newbridge Asia have offered to sell HK$1.04 billion worth of Lenovo Group shares to cash in on the stock's recent surge, according to market sources. The three institutional investors have hired Goldman Sachs to find institutional buyers for 291.5 million Lenovo shares at HK$3.55 to HK$3.57 each, according to a term ...

  9. Lenovo sees 8pc fall in shipments

    Posted Apr 17th 2009, 12:00am by Staff Reporter

    ... Technology giant Lenovo Group saw its first-quarter personal computer shipments fall about 8 per cent from a year earlier, with roughly flat sales in Asia-Pacific and declines in other ... it is still the best-performing region for Lenovo, compared with North America and the Europe-Africa-Middle East geographic market,' said Lillian Tay, an analyst with market research firm ...

  10. Lenovo posts record loss for quarter as sales tumble

    Posted May 22nd 2009, 12:00am by Staff Reporter

    ... Lenovo Group is hoping for better days, including a return to steady growth and the listing of its shares on the mainland, after posting a record quarterly loss as a severe economic slump ... with a US$140 million profit a year earlier and analysts' estimate of about US$200 million loss. It was the second consecutive quarterly loss for Lenovo, which was US$97 million in the red ...




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