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Stocks Lenovo Group Ltd


  • July 20- International Business Machines Corp reported its 13th consecutive fall in quarterly revenue on Monday, as it continued to shed low-margin businesses and the strong dollar weighed on Big Blue's results. IBM is deep in transition, and has been selling businesses such as low-end servers, cash registers, and semiconductors to focus on high-growth areas...

  • WASHINGTON/ SAN FRANCISCO July 14- A Chinese state-backed company's plan to buy U.S. chip maker Micron Technology faces no shortage of obstacles- questions about the price, worries on Capitol Hill, an aggressive regulator- and any one of them could torpedo the deal. But China's critics on Capitol Hill worried about the impact on the Defense Department.

  • HONG KONG, July 14- Hong Kong stocks fell on Tuesday, ending three straight days of gains, as many investors cautiously watched a slide in China key indexes and ignoring firmer overseas markets after Greece struck a deal with creditors. Lenovo Group led the slide in the Hong Kong blue-chip index, falling 3.3 percent. Great Wall Motor led the fall in the China...

  • HONG KONG/ BEIJING, July 14- The call of the world's biggest smartphone market is proving irresistible for entrepreneurs in China, where even purveyors of concrete mixers, refrigerators and rock music are mimicking local trailblazer Xiaomi Inc with their own handsets. China had 155 smartphone brands selling over 1,000 handsets a month as at end-March, from 110...

  • *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.

  • Asian equities were sold down on Monday after Greece failed to clinch a deal with its international lenders over the weekend.

  • India 'the new China' for smartphone makers Monday, 15 Jun 2015 | 11:38 PM ET

    Just as China's long-insatiable appetite for smartphones wanes, India promises to be the next hot spot for explosive growth, a new report claims.

  • 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...

  • Asian stocks declined on Monday on the back of concerns over Greece's debt talks and fresh tightening of margin financing in China.

  • Why Xiaomi phones won't be on US shelves soon Wednesday, 3 Jun 2015 | 1:16 AM ET
    Hugo Barra, vice president of global operations at Xiaomi.

    China's low-cost smartphone maker Xiaomi launched a foray into U.S and Europe this week, but don't expect its handsets there anytime soon.

  • 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.