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Lenovo Group Ltd

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  • Samsung profit falls as smartphone sales slow Thursday, 31 Jul 2014 | 12:12 AM ET

    SEOUL, South Korea— Samsung Electronics Co. reported a bigger-than-expected fall in second quarter profit on Thursday and said it was uncertain if earnings from its handset business would improve in the current quarter. Its net income for the April-June quarter dropped 20 percent to 6.3 trillion won from 7.8 trillion won a year earlier.

  • Samsung Electronics' 2Q profit miss forecast Wednesday, 30 Jul 2014 | 8:15 PM ET

    SEOUL, South Korea— Samsung Electronics Co. reported lower-than-expected profit for the second quarter on Thursday and said it was uncertain if handset business profit would improve during the current period. Its net income during the April-June quarter dropped 20 percent to 6.3 trillion won, compared with 7.8 trillion won a year earlier.

  • Analysts: Samsung phone shipments falter in 2Q Tuesday, 29 Jul 2014 | 4:15 PM ET

    NEW YORK— Samsung Electronics Co., the world's biggest maker of smartphones, saw its sales drop in the second quarter, a research firm said Tuesday. Operating profit declined, and Samsung said sales of medium- and low-end smartphones were weak in China and in some European countries because of stronger competition and sluggish demand.

  • Corning 2Q profit falls on weaker tablet demand Tuesday, 29 Jul 2014 | 8:04 AM ET

    CORNING, N.Y.— Corning Inc., which makes glass screens for electronics, said Tuesday that its second-quarter net income fell 74 percent from a year ago as demand for tablets weakened. The company's Gorilla Glass is used in tablets and smartphones made by Samsung, Acer, HTC, Lenovo and others, according to the Corning's website.

  • Early movers: AAPL, KING, BA, IBM, APP, ADM & more Monday, 7 Jul 2014 | 7:54 AM ET
    Trader on the floor of the New York Stock Exchange, May 21, 2014.

    Some of the names on the move ahead of the open.

  • Is this company a threat to Apple's China ambition? Sunday, 29 Jun 2014 | 9:50 AM ET
    An employee, left, looks on while a customer browses smartphones inside a 3 Hong Kong store, operated by Hutchison Whampoa Ltd., in Hong Kong, China, on Wednesday, April 30, 2014. Xiaomi, which sells more phones in China than Apple, is expanding to 10 more countries, including India and Brazil, after starting sales in Singapore earlier this year.

    Few outside China likely know about this device maker, but some analysts call the company a threat to dominant players like Apple and Samsung.

  • China brands putting Apple suppliers under threat Thursday, 26 Jun 2014 | 12:44 AM ET
    Models demonstrate Huawei Ascend P7 smartphones.

    A swift rise in competition from China threatens an important pillar of Taiwan's economy, according to Barclays: the tech hardware industry.

  • Homegrown brands lead India's mobile revolution Wednesday, 25 Jun 2014 | 7:06 PM ET
    A packaged Micromax Informatics Ltd. smartphone is displayed at a wholesale smartphone outlet at Gaffar Market in New Delhi, India

    India's native mobile brands are giving global brands a run for their money as they sweep market share in India's $13 billion mobile phone market.

  • IBM, Pure Storage sign cross-licensing agreement Thursday, 19 Jun 2014 | 10:31 AM ET
    Pure Storage FlashArray.

    IBM and Pure Storage announced in a release that the private computer storage company has acquired more than 100 technology patents from IBM.

  • Job reforms brighten NC's economic future Wednesday, 18 Jun 2014 | 10:18 AM ET
    North Carolina Gov. Pat McCrory

    During the past 18 months, job-focused reforms have helped make North Carolina the best state to do business, Gov. Pat McCrory explains.

  • Intel raises Q2 revenue outlook on strong demand Thursday, 12 Jun 2014 | 4:05 PM ET

    Intel raised expectations on second-quarter and full-year revenue, as well as gross margins, based on a stronger-than-expected business PC demand.

  • Do young Chinese prefer homegrown firms? Wednesday, 11 Jun 2014 | 7:20 PM ET

    For some young Chinese, the desire to work for foreign companies may be losing its appeal.

  • Samsung cuts Google umbilical cord with 'Z' phone Wednesday, 4 Jun 2014 | 2:34 AM ET

    Samsung Electronics on Tuesday is unveiling its first phone that uses propriety software, rather than Google Android.

  • Google's Motorola to close Texas factory: WSJ Friday, 30 May 2014 | 2:01 PM ET
    Motorola Moto X smartphones being assembled at the Flextronics International factory in Fort Worth, Texas.

    Google's Motorola Mobility handset unit will close its Texas factory by the year's end, Motorola spokesman Will Moss confirmed after a WSJ report.

  • Google reveals how white & male its workforce is Thursday, 29 May 2014 | 9:29 AM ET
    Google employees board a bus in San Francisco for the company's campus in Mountain View.

    Google revealed how very white and male its workforce is; just 2 percent of its Googlers are black, 3 percent are Hispanic, and 30 percent are women.

  • China to beat US as top cellphone market in 2014 Wednesday, 28 May 2014 | 10:41 AM ET

    China will overtake the U.S. as the world's largest mobile phone market this year for the first-time ever, according to research out on Wednesday.

  • Who's buying Microsoft tablets? Sunday, 25 May 2014 | 10:00 AM ET
    Microsoft launched its latest store location at the Garden State Plaza in New Jersey on Thursday, May 22, 2014.

    Hundreds showed up for the opening of a Microsoft store in New Jersey. But will the retail push mean more consumers buying products?

  • Lenovo: China no longer our most lucrative market Wednesday, 21 May 2014 | 11:57 PM ET
    A woman exits past an advertisement for Lenovo Group Ltd. at a computer market in Beijing, China, on Thursday, Feb. 17, 2011. Lenovo Group Ltd., China's biggest maker of personal computers, is expected to announce third-quarter earnings today.

    Lenovo, the world's largest PC maker, is intent on becoming a global brand as it shifts its focus away from China, the firm's CFO told CNBC.

  • Lenovo CFO: Seeing more growth outside China     Wednesday, 21 May 2014 | 6:23 PM ET

    After Lenovo reported its slowest annual profit growth in five years, CFO Wong Wai-ming told CNBC's Samantha Loring why he's not too concerned about flat growth in the firm's home market, China.

  • Midday movers: Boeing, eBay, PetSmart & More Wednesday, 21 May 2014 | 1:02 PM ET
    NYSE EuroNext flag hangs outside the NYSE.

    Some of Wednesday's midday movers: