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Lenovo Group Ltd


  • *CEO lauds 33 pct on-year growth in slowing China market. BEIJING, July 2- China's top smartphone maker Xiaomi Inc on Thursday reported semi-annual sales that for the first time were lower than the previous six months, jeopardising its full-year target and hinting at a slowdown in its mainstay domestic market. "Around 90 percent of Xiaomi's shipments are in China,...

  • Xiaomi's H1 handset sales put full-year target in doubt Wednesday, 1 Jul 2015 | 11:26 PM ET

    BEIJING, July 2- Xiaomi Inc on Thursday said it sold 34.7 million smartphones in the first six months of 2015, casting doubt on the ability of China's most valuable tech startup to achieve its full-year target. Xiaomi's new sales data comes at a moment when industry analysts believe the smartphone market in China- where Xiaomi is No. 1- may be reaching saturation.

  • WASHINGTON, June 15- The U.S. Supreme Court on Monday declined to take up a challenge by AU Optronics Corp to a $500 million criminal fine the Taiwan- based company was ordered to pay in 2012 after a conviction for price-fixing in the market for liquid crystal display panels. The court also rejected a related case in which Motorola Mobility LLC was seeking to revive...

  • BEIJING, June 2- Lenovo Group Ltd has replaced the head of its smartphone unit, a critical business division that has seen its China sales tumble as Apple Inc and other high-end phone makers win over customers with sleeker product offerings. Yang told reporters last week at Lenovo's Beijing conference that China's smartphone market was really competitive,...

  • Lenovo launches touchscreen projector phone Thursday, 28 May 2015 | 9:06 AM ET
    Lenovo's Smart Cast concept smartphone combines projector and virtual keyboard

    Chinese technology company Lenovo just made a play to increase its presence within the smartphone market.

  • The Chinese want to challenge Apple on its home turf Monday, 25 May 2015 | 7:18 AM ET

    Apple has continued to make its presence felt on the global smartphone market but is now facing a challenge from the Chinese giants.

  • May 22- Hong Kong stocks rose on Friday, buoyed by further gains in mainland China markets and expectations of fresh money inflows from Chinese investors. Lu Wenjie, a strategist at UBS Securities, estimated that Chinese investors could potentially pump 200 billion yuan into Hong Kong stocks in the next two to three quarters. Shares of Goldin Financial Holdings...

  • *UBS sees money flow to Hong Kong in 2-3 quarters. SHANGHAI, May 22- China stocks jumped to fresh seven-year highs on Friday morning, and looked set for their biggest weekly gain in two months, as investors raised bets that a month-long consolidation period is ending. The Hong Kong market paced gains.

  • Is Lenovo worried about a China slowdown? Thursday, 21 May 2015 | 6:20 PM ET
    Is Lenovo worried about a China slowdown?

    Wong Wai-Ming, CFO of Lenovo, is confident that business on its home turf will continue to grow, but says the percentage of its Chinese business will likely fall amid a growing international market.

  • World's biggest PC maker ekes out 1% profit rise Thursday, 21 May 2015 | 12:58 AM ET
    Lenovo LaVie Z laptop

    Lenovo Group said on Thursday its annual net profit rose one percent to $829 million, below expectations, after completing two major acquisitions.

  • This expert is 'cautiously optimistic' on Lenovo Wednesday, 20 May 2015 | 11:24 PM ET
    This expert is 'cautiously optimistic' on Lenovo

    Patrick Moorhead, president & principal analyst at Moor Insights & Strategy, discusses the outlook for Lenovo.

  • Lenovo reports FY results: What to expect Wednesday, 20 May 2015 | 9:33 PM ET
    Lenovo reports FY results: What to expect

    Jean-Louis Lafayeedney, director at Societe General Haitong, explains why he expects the world's number 1 PC company to outperform with its full-year financial results due Thursday.

  • Customer try out an Apple iPhone 6 at an Apple store in Beijing, China, Nov. 11, 2014.

    As Apple basks in the unprecedented demand for its latest iPhones, suppliers from Tokyo to Taipei are sharing in the spoils. The FT reports.

  • Modi wants China to 'Make in India' Wednesday, 13 May 2015 | 6:22 PM ET
    Xi Jinping and Narendra Modi

    Indian PM Narendra Modi is expected to bang the drum for his "Make in India" campaign during his China visit, but will firms from the "world's factory floor" bite?

  • China smartphone market contracted in first quarter Monday, 11 May 2015 | 2:04 AM ET

    iPhones may be selling like hotcakes in China, but overall demand for smartphones in the world's biggest market is in fact slowing, according to IDC.

  • BEIJING, May 6- Zhang Long made his fortune selling Pu'er fermented tea and handcrafted furniture from the mountains of his native Yunnan Province in southwest China. Last November, the 49- year old entrepreneur, who has no technology background, strode into a Beijing ballroom to pitch his latest made-in- China product: SPGnux, a Linux-based operating system he...

  • Fujifilm Corp, a subsidiary of Tokyo- based Fujifilm Holdings Corp, sued Motorola in 2012, accusing the company of infringing three of its patents on digital camera functions and a fourth patent relating to transmitting data over a wireless connection such as Bluetooth. The damages the jury ordered on Monday were lesser than the $40 million Fujifilm sought...

  • Lenovo's quest for #1 spot Thursday, 30 Apr 2015 | 7:18 AM ET
    Lenovo's quest for #1 spot

    Aymar de Lencquesaing, Lenovo North America, shares the company's strategy to become the top PC maker in the U.S.

  • BEIJING, April 28- China's Tencent Holdings Ltd launched on Tuesday an operating system for internet-connected devices such as TVs and watches that is open to all developers, taking on domestic rivals Alibaba Group Holding Ltd and Xiaomi Inc in the smart hardware space. This model mirrors Google Inc's Android mobile OS, and could help Tencent replicate the U.S....

  • LONDON, April 15- China's Huawei unveiled its flagship P8 and P8 Max smartphones on Wednesday, devices that stack up against the latest models from Samsung and Apple in technical specifications if not marketing budget. Huawei, a major player in the telecoms network equipment market, ranked fourth in global smartphone sales last year, shipping 68 million units,...