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  1. Lenovo plots own strategy to win mobile device battle

    Posted Feb 19th 2011, 12:00am by Staff Reporter

    ... Bien Perez in San Francisco Yang Yuanqing, the chief executive of Lenovo Group, quickly frowned on the word 'emulate' when asked about how the mainland computer giant's ... the LePhone, the first Lenovo smartphone that was released last year on the mainland, and the LePad media tablet, which will have its domestic launch this first quarter. In an interview, Yang said ...

  2. Analysts wary of Lenovo tie-up

    Posted Dec 09th 2004, 12:00am by Staff Reporter

    ... HUI YUK-MIN and ANETTE J?NSSON While Liu Chuanzhi, founder and chairman of Chinese PC giant Lenovo Group was painting a rosy picture of transforming the mainland company into a global player through its landmark deal with IBM, analysts remained unconvinced on Wednesday. Although they agree that globalisation is a necessary step if Lenovo is to maintain long-term growth ...

  3. Lenovo PC shipments surge 37pc for year

    Posted Jan 14th 2011, 12:00am by Staff Reporter

    ... Bien Perez in New York Lenovo Group, for the fifth consecutive quarter, grew faster than its biggest competitors to lift its global market share in personal computer shipments to 9.7 per ... advanced just 6.5 per cent. Second-ranked Acer and third-ranked Dell grew 13.8 per cent and 12.8 per cent, respectively. IDC analyst Jay Chou pointed out that Hong Kong-listed Lenovo ...

  4. Lenovo targets international expansion, eyes acquisitions

    Posted May 23rd 2008, 12:00am by Staff Reporter

    ... giant Lenovo Group will step up its international expansion strategy, create new products for promising niche markets and eye possible acquisitions. The world's fourth-largest personal ... cent from the previous year. Lenovo, which 'continued to demonstrate strong execution' of company strategies, achieved its eighth consecutive quarter of earnings growth, said Lenovo ...

  5. Lenovo hopes to ride out global downturn

    Posted Jan 01st 2009, 12:00am by Staff Reporter

    ... Bien Perez Margin squeeze in mainland market raises concern Save for its medal-worthy triumph as sponsor of the Beijing Olympic Games, the past several months for computer maker Lenovo Group have been a struggle to meet challenges for which there are no shortcuts. Earthquakes, floods and slumping demand struck Lenovo's core mainland market. The world's fourth-largest ...

  6. Lenovo cuts jobs, wages amid plunge into losses

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

    ... Bien Perez PC giant to axe 2,500 staff in revamp as global slump bites Hammered by a global slowdown that has affected personal computer sales, Lenovo Group aims to shed 2,500 staff ... and profit warning, combined with some gloomy corporate results and sell-offs of bank shares, sent the Hang Seng Index tumbling 3.81 per cent to 14,415.91 points yesterday. Lenovo's share price ...

  7. Lenovo earnings hit by price war

    Posted Nov 17th 2004, 12:00am by Staff Reporter

    ... HUI YUK-MIN Mainland personal computer giant Lenovo Group said an 'irrational' domestic price war after it switched strategy to compete in the lower end of the market was to blame for the firm's disappointing quarterly earnings announced on Tuesday. The red chip saw revenue for the three months to September, the second quarter of Lenovo's fiscal year, fall ...

  8. Lenovo attributes poor earnings to price war

    Posted Nov 17th 2004, 12:00am by Staff Reporter

    ... Hui Yuk-min Gross margins crumble after strategy shift in bid to retain low-end market share Mainland personal computer giant Lenovo Group said an 'irrational' domestic price war ... months to September, the second quarter of Lenovo's fiscal year, fall 9.5 per cent from a year earlier to $5.65 billion, even though the company sold 14.6 per cent more personal computers ...

  9. Acquisition of IBM unit puts Lenovo into negative equity

    Posted Jan 08th 2005, 12:00am by Staff Reporter

    ... Hui Yuk-min Accounting rule changes mean future earnings could be adversely affected Lenovo Group will move into negative equity as a result of its purchase of IBM's computer ... Before the takeover, Lenovo's book value showed net assets of $4.89 billion Some analysts were reminded of PCCW's highly leveraged takeover of Cable & Wireless HKT four years ago, ...

  10. Lenovo market share a concern

    Posted Aug 11th 2004, 12:00am by Staff Reporter

    ... Hui Yuk-min While mainland personal computer giant Lenovo Group is generally expected to post lacklustre first-quarter earnings today, analysts are more concerned about whether the company is winning its battle to retain market share. Estimates for Lenovo's earnings for April to June range from US$258 million to $304 million, according to five sector analysts polled by the South ...




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