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  1. EC clears Lenovo's Medion takeover

    Posted Jul 28th 2011, 12:00am

    ... Lenovo Group moved a step closer to expanding its operations in western Europe after regulators approved its Euro466 million (HK$5.25 billion) purchase of a controlling stake in German firm Medion. In a filing with the Hong Kong stock exchange yesterday, Lenovo chairman and founder Liu Chuanzhi said the deal had received 'antitrust clearance from the European ...

  2. Lenovo picks general manager for HK, Macau

    Posted Feb 09th 2011, 12:00am by Staff Reporter

    ... Lenovo Group, the world's fourth-largest supplier of personal computers, named a former executive at rival Hewlett-Packard as the new general manager for its Hong Kong and Macau operations. Alice Ong Nga-lai, who previously served as general manager of HP Hong Kong's imaging and printing group, will oversee Lenovo's business in the two markets, including managing ...

  3. Lenovo puts US$175m into NEC joint venture

    Posted Jan 28th 2011, 12:00am by Staff Reporter

    ... Bien Perez Lenovo Group has agreed to invest US$175 million of company shares with NEC Corp to create a joint venture that will serve as the biggest supplier of personal computers in Japan, the industry's third-largest market. The deal, which was formed yesterday and closes on June 30, represents Lenovo's second-largest expansion initiative after it acquired ...

  4. Lenovo shares rise 9pc on August launch of tablets

    Posted Jul 21st 2011, 12:00am

    ... Lenovo Group is poised to challenge Apple's global dominance in the tablet segment with the release of three new media tablets. Next month, the mainland computer giant will start ... business users, will be released in the fourth quarter. The new line of tablets comes months after Lenovo's exclusive launch of its LePad device for the mainland market in March. ...

  5. Lenovo beats forecast as profit surges 25pc

    Posted Feb 18th 2011, 12:00am by Staff Reporter

    ... Bien Perez in San Francisco Computer giant Lenovo Group will boost spending on research and development and global brand-building, driven by its expanding mobile internet device business and international operations. Lenovo, the world's fourth-largest supplier of personal computers, made that commitment after its fiscal third-quarter net income to December rose a higher-than-expected ...

  6. Lenovo secures 52pc stake in German firm Medion

    Posted Aug 02nd 2011, 12:00am

    ... Bien Perez Lenovo Group is a step closer to taking over Medion after completing its share purchase deal with the firm's biggest stakeholder, Gerd Brachmann. Lenovo chairman Liu Chuanzhi said in an exchange filing that 57.560 million of the company's ordinary shares and Euro179.448 million (HK$2.01 billion) in cash were paid to Brachmann to secure a 51.89 per cent ...

  7. Lenovo boss bows out on high note

    Posted Nov 03rd 2011, 12:00am

    ... Lenovo Group founder Liu Chuanzhi yesterday relinquished his role as chairman of the mainland computer giant after it announced a record increase in earnings and global market share in the quarter to September. Liu, who returned as chairman in February 2009 to help the company during the economic downturn, will now focus most of his efforts on Lenovo parent firm Legend Holdings, ...

  8. Lenovo to build plant in Anhui with Compal

    Posted Sep 28th 2011, 12:00am

    ... Lenovo Group, the world's third-largest supplier of personal computers, has formed a US$300-million joint venture with Taiwanese firm Compal Electronics that will build and operate ... for our offerings,' Lenovo chief executive Yang Yuanqing said. Lenovo and Compal, the world's No 2 contract manufacturer for laptops behind Quanta Computer, have agreed to initially ...

  9. Lenovo confident it will unseat Dell as world No 2

    Posted Sep 14th 2011, 12:00am

    ... Amid fresh fears of an industry slowdown, Lenovo Group is confident of unseating rival Dell as the world's second-largest supplier of personal computers this year. Lenovo chief ... with NEC and our acquisition of Medion in Germany, we fully expect to be number two in worldwide PC sales this year,' Yang said. That would be the highest industry ranking Lenovo has achieved ...

  10. Lenovo sets sights on Europe

    Posted Jun 02nd 2011, 12:00am

    ... Lenovo Group said it planned to accelerate its expansion in Europe after securing a deal for Germany's Medion, which makes personal computers and consumer electronics products ... to Medion shareholders, who are led by founder and chief executive Gerd Brachmann. Wong Wai-ming (pictured), Lenovo's chief financial officer, yesterday said that as part of the total ...




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