Yang Yuanqing

Lenovo CEO breaks with old rhetoric of ambition for big donation

Yang Yuanqing, Lenovo's Chairman and CEO, attends the company's annual general meeting in Hong Kong on July 16, 2013. Photo: SCMP/Nora Tam

It's refreshing to see Lenovo's (HKEx: 992) chatty CEO Yang Yuanqing finally doing something besides boasting about his big plans for the company, with word that he is donating a big chunk of his annual bonus to ordinary employees.

Monday, 2 September, 2013, 5:33pm

Lenovo: PC king with margin malaise

Yang Yuanqing, chairman and chief executive officer of Lenovo Group, speaks at Lenovo Group's annual results announcement meeting in Hong Kong on May 23, 2012. Photo: SCMP

Lenovo's weak margins reflect a company that has sacrificed profits for market share, and the situation is unlikely to improve in the next year.

9 Nov 2012 - 1:59pm 1 comment

Record high sales lift Lenovo to global PC summit

Chief financial officer Wong Wai-ming said the company had consistently improved its profitability.

Lenovo, which posted a 13 per cent net profit rise on record sales for the past quarter, forecasts strong demand for its personal computers and smartphones to continue defying the global economic slowdown.

9 Nov 2012 - 4:40am

Lenovo seeks to grow sales of new gadget line

Mainland computer giant Lenovo plans to aggressively increase sales of its fledgling line of smartphones, media tablets and new smart television products after posting record revenue and market share gains in its last fiscal year ended March.

24 May 2012 - 12:00am

Soaring profit puts HP in Lenovo's sights

Boosted by its record earnings and global market share, Lenovo plans to put the development of its fledgling mobile-internet-devices business on a fast track this year while continuing to grow faster than computer industry leader Hewlett-Packard.

10 Feb 2012 - 12:00am

Lenovo Group switches on to smart TV

Lenovo Group, the world's second-largest supplier of personal computers, plans to start its foray into the so-called 'smart TV' market on the mainland.

15 Nov 2011 - 12:00am

Lenovo boss bows out on high note

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.

3 Nov 2011 - 12:00am

Lenovo poised to claim the pc crown

Lenovo Group, boosted by key acquisitions, is gearing up to unseat troubled Hewlett-Packard as the global leader in personal computers, chief executive Yang Yuanqing declared yesterday.

14 Oct 2011 - 12:00am

Lenovo in top-50 list of engineering employers

Lenovo Group, the world's third-largest supplier of personal computers, has emerged as one of the most attractive employers for top engineering students, according to a global survey.

30 Sep 2011 - 12:00am

Lenovo to build plant in Anhui with Compal

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 a new manufacturing centre in Anhui province.

28 Sep 2011 - 12:00am

Lenovo confident it will unseat Dell as world No 2

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.

14 Sep 2011 - 12:00am

Lenovo in top-five supplier rankings

Lenovo Group has cracked the top-five ranking of the world's largest server computer suppliers for the first time in the quarter to June.

The mainland computer giant posted a 45.8 per cent increase in server shipments to 36,220 units in the second quarter, from 24,835 a year earlier, on the back of growth in all its geographic markets.

30 Aug 2011 - 12:00am

Lenovo to push mobile devices as profit soars

Lifted by hefty gains last quarter, mainland computer giant Lenovo Group plans to step up expansion of its mobile internet devices business and boost marketing efforts.

19 Aug 2011 - 12:00am

Lenovo targets acquisitions in emerging markets

Lenovo Group will focus its overseas investment on emerging markets and continue to pursue acquisitions despite its failed attempt to buy Europe's Packard Bell last year, according to its chairman.

12 Mar 2008 - 12:00am

Lenovo servers to stay domestic

Lenovo Group, Asia's largest personal computer manufacturer, has no plans to sell enterprise servers outside of the mainland, even as overseas rivals set the pace for growth in the Asian market for the products, said chairman Yang Yuanqing.

11 Sep 2007 - 12:00am

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