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  1. Sanmina deal to help Lenovo expansion

    Posted Jun 09th 2008, 12:00am by Staff Reporter

    ... Bien Perez Lenovo Group last week completed its acquisition of the Mexican personal computer business of Sanmina-SCI Corp to push forward its manufacturing expansion efforts in North America despite an expected slowdown in technology spending this year. The assets would form part of Lenovo's new 24,155 square metre Monterrey facility, which is due to start up in the third ...

  2. 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 ...

  3. Lenovo plans marketing blitz as its products go global

    Posted Apr 11th 2005, 12:00am by Staff Reporter

    ... Bien Perez in New York The Lenovo Group is preparing for a big international launch of its personal computers and mobile handsets this year as the mainland giant moves closer to acquiring IBM's personal computer unit. This would mark the first time the company's products have extended their reach beyond Greater China, until now Lenovo's principal market. ...

  4. Lenovo restructures into two units

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

    ... Mainland information technology giant Lenovo Group is further restructuring its operations, nearly two months after a management shake-up that put founder Liu Chuanzi back in charge. ... Shaopeng, who was recently named president of Lenovo's Asia-Pacific and Russia geographic division, is to head the emerging markets unit, based in Beijing. His coverage includes the mainland, ...

  5. Brokers see more pain for Lenovo

    Posted Jan 10th 2009, 12:00am by Staff Reporter

    ... Bien Perez Computer maker Lenovo Group's troubles could last until June, as analysts warn that they expect the company to post losses in the next two quarters, with no signs of recovery in its core mainland market. Lenovo's share price fell 9.42 per cent to HK$1.73 yesterday, following a 25.97 per cent drop on Thursday, as several brokers cut their price targets. ...

  6. Lenovo returns to profit as key markets pick up

    Posted Nov 06th 2009, 12:00am by Staff Reporter

    ... Bien Perez Lenovo Group sees better days ahead, including a possible listing of its shares on the mainland, after doubling net profit year on year in the third quarter on growth in key ... estimated. Lenovo, which has benefited from the government-led economic stimulus initiatives in its core mainland market, saw its global market share reach a record high 8.9 per cent in the quarter, ...

  7. Amelio's exit catches market by surprise

    Posted Feb 06th 2009, 12:00am by Staff Reporter

    ... Bien Perez Market analysts acknowledged yesterday they were more surprised by William Amelio's resignation as chief executive at Lenovo Group than with the mainland computer maker's report of its first net loss in 11 quarters. Lenovo announced last month that it estimated a material loss in its fiscal third quarter to December as a result of the economic downturn. Its ...

  8. Lenovo increases Asian lead on mainland recovery

    Posted Jul 21st 2009, 12:00am by Staff Reporter

    ... Bien Perez Lenovo Group bolstered its lead at the top of Asia's personal computer market in the second quarter following six weak months, helped by a solid recovery on the mainland. ... at International Data Corp (IDC). 'What a relief that the Asia market was no longer in the red last quarter.' Preliminary data from IDC estimated Lenovo, the world's fourth-largest personal ...

  9. Mainland sales help limit Lenovo losses to US$16m

    Posted Aug 07th 2009, 12:00am by Staff Reporter

    ... Bien Perez Lenovo Group, benefiting from a rebound in its core mainland market, posted sharply lower losses in the first financial quarter, although continued weak demand for personal ... a sustainable recovery,' said analyst Joseph Ho of Daiwa Institute of Research in Hong Kong. The mainland, where Lenovo has a 28.6 per cent market share and a 15 per cent year-on-year increase ...

  10. Lenovo snaps 6-month decline in PC shipments

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

    ... Bien Perez Lenovo Group's shipments of personal computers grew in the second quarter, rebounding from six months of decline, as sales picked up in its core mainland market and across ... 5.581 million units, including server computers. It was a solid turnaround for Lenovo after shipments fell about 8 per cent year on year in the first quarter owing to flat sales in Asia ...




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