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  • July 26, 2014
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  1. Business - Companies - ACQUISITION

    Extension sought on national security review of Lenovo's IBM server deal

    Posted Jun 05th 2014, 05:34am by BLOOM

    ... Bloomberg in Washington and New York Technology giant and IBM said to be seeking more time to aid review of server deal Extension sought on Lenovo's US deal Lenovo Group and International Business Machines have sought more time for a US national security review of Lenovo's planned purchase of IBM's low-end server unit, according to a person familiar ...

  2. Business - China Business - EARNINGS

    Lenovo eyes bigger mobile and enterprise deals after banner year

    Posted May 22nd 2014, 01:19am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Mobile and enterprise deals aimed at keeping momentum after record year for computer firm Lenovo acquisitions set to continue a winning run Computer giant Lenovo, which posted record earnings in its recent financial year ended March 31, plans to set up a new US$5 billion a year business and start selling about 100 million smartphones and media ...

  3. Business - China Business - FUNDRAISING

    Lenovo primed for new acquisitions after bond issue

    Posted May 01st 2014, 01:27am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com Mainland computer maker adds US$1.5 billion to acquisition war chest after bond market debut Lenovo eyes purchases after bond issue Lenovo, the world's ... Lenovo said its bond issue was priced at 99.819 per cent with an annual interest rate of 4.7 per cent. The notes will mature on May 8, 2019. The company on Tuesday entered into a subscription ...

  4. Business - China Business - FUNDRAISING

    Lenovo joins bond issue boom

    Posted Apr 25th 2014, 12:45am by BIEN PEREZ

    ... Bien Perez and Bloomberg bien.perez@scmp.com Tech giant shows good timing for its first debt issue, following lead of CNOOC and Tencent Lenovo poised to tap strong demand in bond market Lenovo, the world's largest supplier of personal computers, plans to make its first foray in the bond market this year, joining other major Chinese companies raising fresh funds from US ...

  5. Business - China Business

    Lenovo's IBM deal under US scrutiny

    Posted Apr 05th 2014, 01:07am by BLOOM

    ... Bloomberg in Washington While the firms are confident of approval, Lenovo may have to agree to restrictions Lenovo's IBM deal under US scrutiny Lenovo Group must convince United ... at." Beijing-based Lenovo, which announced the US$2.3 billion IBM purchase on January 23, has formally sought approval for the deal from CFIUS, according to a person with knowledge ...

  6. Business - Companies - TECHNOLOGY

    Lenovo's mobile push to hit Taiwanese rivals

    Posted Mar 17th 2014, 02:28am by Ralph Jennings

    ... Lenovo's mobile push to hit rivals Lenovo's purchase of the Motorola mobile unit will hobble two giant rivals from world hi-tech hardware hub Taiwan, further frustrating three years of efforts to generate world smartphone market share considered key to their long-term survival. Acer and Asustek Computer will find it increasingly tough to vie with Lenovo as the Motorola deal reached ...

  7. Business - China Business - TECHNOLOGY

    Lenovo chief executive pledges to end losses at Motorola Mobility

    Posted Feb 26th 2014, 01:15am by BLOOM

    ... Bloomberg in Barcelona Mainland PC manufacturer will make newly acquired phonemaker profitable in 6 quarters Lenovo chief vows to end losses at Motorola Mobility Lenovo, which is buying ... and services. But we are stronger in the manufacturing of devices." The timetable is based on after the acquisition is completed, and Yang said he's optimistic Lenovo will receive regulatory ...

  8. Comment - Insight & Opinion - LEADER

    The need for innovation is the big challenge facing Chinese firms

    Posted Feb 17th 2014, 03:05am by SCMP Editorial

    ... Where are the Apple, Toyota and Samsung of China? Lenovo, the computer giant, is one of the few mainland companies that has a shot at global recognition. It clearly has the ambition. Its US$2.3 ... Motorola Mobility was a money-losing business under Google, which was more than happy to get rid of it. It may have the software, patents and designs that Lenovo hopes for, but the Chinese computer ...

  9. Business - Companies - STOCKS

    Lenovo punished by downgrades over Motorola Mobility acquisition deal

    Posted Feb 05th 2014, 05:37am by Bloomberg

    ... Bloomberg Technology giant's stock plunges 16pc following brokerage downgrades on concerns over profits Lenovo shares dumped after Motorola deal Computer giant Lenovo, which announced ... brokerages. Lenovo fell 16.4 per cent to close at HK$8.41 on the first day of trading of the Year of the Horse- marking its biggest decline since January 2009. The world's biggest supplier ...

  10. Business - Companies - ACQUISITIONS

    Lenovo to streamline smartphone supply chain after Motorola Mobility purchase

    Posted Feb 04th 2014, 05:57am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com After the Motorola deal, the computer giant now faces task of streamlining production processes Lenovo needs to revamp supply chain Yang Yuanqing, the chairman and chief executive at computer giant Lenovo, declared in 2011 that the company sees the global market for smart mobile devices as "a battle we cannot lose". "We must win ...




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