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.» Read More
TAIPEI, Oct 8- Following are news items and media reports that may affect the Taiwan stock market. >Huawei, ZTE should be kept from US: Congress. >Taiwan Sept CPI dips, rate view seen unchanged.
Oct 5- Fitch Ratings has downgraded the ratings of Hewlett-Packard Company. and its wholly-owned subsidiary Electronic Data Systems LLC as follows:. --HP's weaker-than-expected free cash flow forecast of approximately $4 billion post dividends in fiscal 2013 compared with Fitch's expectations for $5 billion- $6 billion.
*HSBC up 1.8 pct, contributes one-third of HSI gain. HONG KONG, Oct 4- Hong Kong shares rose slightly on Thursday as financials, led by index heavyweight HSBC, helped offset weakness in oil producers hurt by lower crude prices and in Macau casino stocks that fell on weak gambling revenue.
*HSI up 0.2 pct, H-shares index up 0.2 pct* HSBC up up 2.2 pct, contributes third of HSI gain* CNOOC down 1.3 pct, top drag as oil prices dip* Lenovo up 0.9 pct, shrugs off HP shares slide By Vikram Subhedar. HONG KONG, Oct 4- Hong Kong shares rose slightly on Thursday as financials, led by index heavyweight HSBC, helped offset weakness in oil producers hurt by lower oil prices.
HONG KONG, Oct 4- Hong Kong shares were set to open slightly higher on Thursday with defensive sectors such as telecoms continuing to attract investor interest although gains are likely to be capped by weakness in oil producers after crude prices slumped overnight.
HONG KONG, Oct 3- The following are some of the major companies planning initial public offerings and new listings on the Hong Kong stock exchange. Please contact Elzio Barreto at email@example.com or 2843-1608 to submit entries for this diary. JPMorgan, UBS---------------------------------------------------------------- Dec Mando China N/A N/A Deutsche Bank, 200 2012 Holdings.
HONG KONG, Oct 3- Lenovo Group Ltd, the world's No.2 PC maker, will open its first PC production plant in the United States with operations expected to begin in 2013..
HONG KONG, Oct 3- These are some of the leading stories in Hong Kong newspapers on Wednesday. --Sun Hung Kai Properties Ltd has sold about 700 units at its new residential project, Century Gateway, in Tuen Mun for HK $5 billion, said deputy managing director Victor Lui.
GREENSBORO, N.C.-- Electronics maker Lenovo will start making computers at its warehouse near Greensboro, N.C.. Lenovo is a Chinese company with a headquarters in Morrisville. In the past two years, Lenovo has opened plants in China, Brazil and the United States.
PC makers, jilted of late by consumers attracted to tablets and smartphones, are pinning their hopes for a change in fortunes on the October launch of the Windows 8 operating system, announced last week. The FT reports.
Apple's legal row over its iPad trademark in China creates a window of opportunity for rivals such as Lenovo Group and Samsung Electronics as they try to chip away at the U.S. firm's dominance of the potentially vast Chinese tablet market.
A day after billionaire investor David Einhorn revealed a bullish stance on Dell, one analyst took the opposite tack.
Taiwan computer maker Acer has sued its former chief executive, Gianfranco Lanci, saying he breached a non-compete clause in an agreement covering his departure from the company in 2011.
In the last decade, Apple has become one of the mightiest, richest and most successful companies in the world, in part by mastering global manufacturing. However, the workers assembling iPhones, iPads and other devices often labor in onerous work environments, with serious — sometimes deadly — safety problems. The NYT reports.
Global PC shipments declined 1.4 percent in the last quarter of 2011 mainly due to weak demand in Western Europe and the United States, according to research firm Gartner.
Hewlett-Packard's personal computer shipments grew 5.3 percent in the third quarter, while China's Lenovo overtook Dell to become the world's No. 2 PC maker for the first time, according to data from two influential research firms.
Apple’s sales in greater China have for the first time overtaken those of Lenovo, the world’s third-biggest personal computer maker by shipment volume, results from the two companies confirm. The FT reports.
Lenovo Group, the world's No.3 PC brand, reported a near doubling of its first-quarter net profit, beating expectations due to acquisitions and growth in emerging markets in key markets such as China.
Corporate Japan appears to be shedding its long-held suspicion of Chinese investors after a big jump in the value of acquisitions in Japan by mainland companies this year. The FT reports.
Corporate Japan has been trapped in a multi-decade long slump, but ‘Made in Japan’ is still demonstrating remarkable resilience, with brands including Sony, Panasonic and Canon dominating the list of the most valued brands in Asia-Pacific for 2011, according to a recent survey by global media firm Haymarket Media.