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  1. Business - Companies

    Lenovo to challenge Apple's smartphone

    Posted Sep 27th 2012, 12:00am by Bloomberg

    ... Bloomberg in Beijing Poised this year to become the world's largest PC maker, mainland giant now aims to take command of the smartphone and tablet sectors bite Apple Lenovo Group, ... competition with Apple, the world's most valuable company. Yang said Lenovo's brand name, product development and distribution in the mainland would give it an edge over Apple and other ...

  2. 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 ...

  3. 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 ...

  4. Lenovo to axe more jobs in revamp

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

    ... 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 worldwide ... 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 ...

  5. 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 ...

  6. 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, ...

  7. 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 ...

  8. 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 ...

  9. Lenovo hopes to weather flood

    Posted Nov 04th 2011, 12:00am

    ... Mainland computer giant Lenovo Group expects to secure more supplies of hard disk drives, as the catastrophic flooding in Thailand triggers a major disruption in the global electronics ... notebook computers, dynamic random access memory chips, television set-top boxes and cars. Hong Kong-listed Lenovo, the world's second-largest supplier of personal computers, estimated ...

  10. Market Calls

    Posted Nov 07th 2011, 12:00am

    ... Computer maker Lenovo Group (992) released its second-quarter results on Wednesday, showing that its sales rose 35 per cent year on year and 31.5 per cent quarter on quarter. Net profit ... sectors), and is overwhelmingly rated a buy by analysts. Jiong Shao (Macquarie) says Lenovo has benefited from an expansion into tier-three and tier-four cities in China (generally classified ...




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