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Lenovo Group Ltd.



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+Vote!

Lenovo to Buy Back Handset Maker

Lenovo Group said it plans to buy back a mobile handset maker founded by the Chinese personal computer maker in 2002 for $200 million in cash and shares.

5Vote!

Lenovo doubles profit, grows market share

Rebounding from a $16 million loss in May, Lenovo Group Ltd. doubled its fiscal second quarter profit on the back of cost cuts and asset sales, the computer maker reported Thursday. (HPQ)

5Vote!

Lenovo Swings to Profit

Lenovo, China's largest PC maker by shipments, said Thursday it posted a second-quarter net profit after three consecutive quarterly losses because of cost savings.

4Vote!

Why Lenovo still lags in consumer PCs (and how it plans to fix that)

If all had gone according to plan, Lenovo Group Ltd. today would be trading elbows with Dell Inc. for the second spot in the PC market, while preparing for a showdown with market leader, Hewlett-Packard Co.

4Vote!

Why Lenovo still lags in consumer PCs (and how it plans to fix that)

If all had gone according to plan, Lenovo Group Ltd. today would be trading elbows with Dell Inc. for the second spot in the PC market, while preparing for a showdown with market leader, Hewlett-Packard Co. Instead, the Chinese PC maker remains a distant fourth, the same position it held two years ago when it made a big splash in the hot consumer PC market with the introduction...

3Vote!

p2pnet World Headlines: Nov 27, 2009: #2

... the receive the devices, and if proved useful they will be distributes around other personnel. Lenovo to Buy Back Handset Unit for Double the Price Bloomberg News Lenovo Group Ltd., China’s biggest personal-computer maker, said it will buy back a mobile-phone unit at double the price it sold the subsidiary for last year. Lenovo Group agreed to pay $200...

4Vote!

Hong Kong, Shanghai shares rise, but telecoms weak

LOS ANGELES (MarketWatch) -- Hong Kong shares were almost flat in early Thursday trade despite a positive lead from Wall Street. The benchmark Hang Seng Index fell 0.1% to 22,610.5 in early moves, while the mainland-focused Hang Seng China Enterprises Index was up 0.1% to 13,486.6. In the tech sector, Lenovo Group Ltd. gained 1.2% after Citi started coverage of its stock with...

4Vote!

Hong Kong, Shanghai shares flat, as telecoms weak

LOS ANGELES (MarketWatch) -- Hong Kong shares were almost flat in early Thursday trade despite a positive lead from Wall Street. The benchmark Hang Seng Index fell 0.1% to 22,610.5 in early moves, while the mainland-focused Hang Seng China Enterprises Index was up 0.1% to 13,486.6. In the tech sector, Lenovo Group Ltd. gained 1.2% after Citi started coverage of its stock with...

+Vote!

HP has $2.7 billion to buy 3COM

... off that division of its business, for instance. And several years ago, IBM sold its PC unit to Lenovo Group Ltd."On a more sinister note, , the news of the deal may have leaked out prematurely:"There was an abnormally massive spike in activity for November and December call options, which would give the holder the right to buy 3Com shares at $5. The stock was up 35% in after-hours...

4Vote!

Dell Falls to Third Place in Global PC Market Behind Hewlett-Packard, Acer

... Alto, California, captured a 20.2 percent share after a 9.3 percent gain in shipments, IDC said. Lenovo Group Ltd. and rounded out the top five. In the U.S. market, which grew 2.5 percent last quarter, Hewlett-Packard led, followed by Dell and Acer, according to Framingham, Massachusetts-based IDC. , based in Stamford, Connecticut, gave the U.S. lead to Dell. Both research...