Latest Yang Yuanqing Stories
Lenovo announced on Monday that it will be putting $800 million into a new mobile facility aimed at investigating and producing innovative smartphones, tablets and other devices.
Chinese computer maker Lenovo said Tuesday it will create a special unit to develop and produce mobile and other Internet-connected devices, as it looks to grab a larger stake in the fast-growing market.
Chinese computer giant Lenovo Group said founding chairman Liu Chuanzhi will reclaim his job after the company posted its first quarterly loss since 2005. Liu will replace current chairman Yang Yuanqing, who took over in 2005, while Liu moved over to the vice-chairman job at Lenovo's parent company, Legend Holdings, China Daily reported Friday. Lenovo said it lost $96.7 million in the third fiscal quarter ending in December, as sales fell 1 percent in the domestic market. In a statement, Liu...
Chinese PC maker Lenovo Group reported its first quarterly loss in three years on Thursday as the global economic turmoil took its toll on the companyâ€™s sales.
Chinese PC manufacturer Lenovo has reported a 78% decrease in net income to $23m for the second quarter 2009, compared to $105m in the year-ago quarter, on revenue up marginally at $4.32 billion. The loss was attributed to lower PC shipments owing to the global financial crisis.
Lenovo Group today reported results for its second fiscal quarter ended September 30, 2008. During the second quarter, Lenovo's worldwide PC shipments grew 7.4 percent, which lagged industry shipment growth due to weakened commercial and public sector PC demand and slower growth in the China market.
By Stephanie Clifford With a line of computers once made by IBM and a chief executive who hails from Dell and NCR, the Lenovo Group is not an obviously Chinese company.
By Stephanie Clifford With an Italian-sounding name, a line of computers once made by IBM and a chief executive who hails from Dell and NCR, the Lenovo Group is not a company that most people would assume is Chinese.
BEIJING (Reuters) - China's Commerce Ministry struck a more conciliatory note on Wednesday after saying a State Department decision to restrict the use of computers made by PC firm Lenovo Group Ltd. smacked of a Cold War mentality.
- Large; stout; burly.