More and more mobile companies are trying to gain a foothold in a country where white-label phones once ruled the roost, but some analysts say that attempts to crack what is now the world's largest market may be a waste of time.
Dell Chief Executive Michael Dell, aiming to clinch a $24.4 billion deal to take the No. 3 PC maker private, has agreed to value his 16 percent stake about 2 percent below the offer price.
Asian stocks were mostly lower on Thursday, with caution setting in ahead of a central bank policy meeting in Europe.
The $24.4 billion proposal to privatize U.S. technology giant Dell is part of founder Michael Dell's efforts to transform the company into a 'mini IBM', said analysts.
Dell agreed to be taken private Tuedsay in a nearly $24 billion buyout deal by a consortium led by its founder and chief executive, Michael Dell.
Lenovo shares have risen in recent months, but the stock still looks like a bargain.
Steve Zhang, Senior Analyst, Macquarie discusses Lenovo's earnings report and plans for reaching into emerging markets.
China's Lenovo Group, on track to become the world's top maker of personal computers, reported a record quarterly profit, up by a third from a year earlier, as it gained more share in the PC market and made inroads in the smartphone business.
Asian stocks closed higher on Wednesday, with investors shifting their focus to corporate earnings in the region and the Federal Reserve's policy announcement later in the day.
The yen's steep decline has burnished the outlook for Japanese stocks, prompting analysts to raise profit forecasts for currency-sensitive exporters and foreign investors to plough $17 billion into the market.
Sharp may sell its Chinese TV assembly plant to Lenovo as the cash-strapped Japanese TV maker looks to sell assets to bolster its finances, sources said.
Some of the names on the move ahead of the open.
During the all-important holiday season, both personal computers and video games saw sharp declines in sales, with consumers migrating to tablet devices.
Apple's Chief Executive Tim Cook met with China Mobile's Chairman Xi Guohua to discuss "matters of cooperation," a China Mobile spokesman said.
Samsung Electronics is looking to supply chips to more Chinese and other emerging smartphone makers, the head of its system chip business said, to counter any fall-off in demand from Apple, which is weaning itself off Samsung chips used in its iPhones and iPads.
Michael Dell has lost of one of the key lieutenants he recruited to help him turn around his ailing computer company.
The Southern part of the United States has become a laboratory for new manufacturing jobs, with companies as diverse as Boeing, Starbucks and Lenovo racing into the region.
At the end of August, Apple seemed on top of the world. Fresh off a resounding $1.05 billion U.S. legal victory over arch-foe Samsung Electronics, the company was gearing up to launch its fifth iPhone. That was then.
Holiday shoppers with a tablet computer on their gift list this year might be forgiven for feeling a bit overwhelmed. This year, it's no so simple to make a choice.
What do people want for gifts? Cool stuff! Here are the 10 hottest gadgets retailers are stocking.