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Lenovo Group Ltd

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  • We knew Samsung was suffering, but this badly? Wednesday, 29 Oct 2014 | 9:13 PM ET

    Samsung's third quarter earnings report revealed a worsening situation, as its mobile division collapses amid competition in the smartphone market.

  • SEOUL, Oct 30- Samsung Electronics Co Ltd saw its July-September quarterly profit fall to the lowest level in more than three years, as a decline in earnings from its smartphone business set the South Korean giant on track for its worst year since 2011.. The global smartphone leader has lost market share in annual terms for the past two quarters, lagging behind...

  • Oct 28- Corning Inc, the supplier of Gorilla glass to Apple Inc and Samsung Electronics, reported higher-than-expected quarterly revenue and earnings, helped by launches of new smartphone models. Shares of the company, which also supplies LCD panels to consumer electronics companies such as Sony Corp, LG and Lenovo Group, rose 1.6 percent in early trading.

  • Oct 28- Speciality glass maker Corning Inc reported a 23 percent rise in quarterly net sales, helped by higher demand for its glass used in TVs and smartphones. The company supplies glass for Apple Inc's iPhones and Samsung Electronics' Galaxy devices, and makes LCD panels for Sony Corp, LG and Lenovo Group, among others. Net income rose to $1.01 billion, or 72 cents...

  • TEL AVIV, Oct 26- N-trig, an Israeli provider of digital pens and chips for touch screens, has submitted a prospectus for an initial public offering on the Tel Aviv Stock Exchange, the company said on Sunday. Other investors in the company include Evergreen Venture Partners, Canaan Partners and Tamares. N-trig customers for its technology include Sony, Fujitsu,...

  • Zuckerberg speaks Chinese, Beijing students cheer Thursday, 23 Oct 2014 | 11:02 AM ET
    Facebook co-founder Mark Zuckerberg speaks during a dialogue with students as a newly appointed member to the advisory board for Tsinghua University School of Economics and Management in Beijing, Oct. 22, 2014.

    China may ban Facebook, but not its co-founder Mark Zuckerberg. He delighted an audience of students in Beijing recently by chatting in Mandarin.

  • *China, HK fees account for 55 pct of AsiaPac region in 2014. HONG KONG, Oct 23- Private firms have overtaken state-owned companies this year for the first time as the biggest drivers of investment banking revenues in China- a sign of how Beijing's reforms are transforming private capital's role in the world's second-largest economy. Private firms are also...

  • FRANKFURT, Oct 21- Smartphone users won't recognise the name B2X, but if your battery dies or your screen breaks, the odds are that the company will be working behind the scenes when you seek a repair. "B2X is doing a nice job of stitching together what are all the very disparate processes that go into the aftermarket for mobile phone repair," said Michael Dominy,...

  • Deals of the day- Mergers and acquisitions Monday, 20 Oct 2014 | 4:06 PM ET

    **Platform Specialty Products Corp said it would buy Arysta LifeScience Ltd for about $3.51 billion, Platform's third acquisition this year as the company looks to strengthen its agrichemicals business. **The top two lawmakers on the Senate's antitrust panel have urged regulators to scrutinize food distributor Sysco Corp's planned purchase of rival U.S....

  • TORONTO, Oct 20- BlackBerry shares rose more than 3 percent on Monday after a news website said Chinese computer maker Lenovo Group might offer to buy the Canadian technology company. Lenovo and BlackBerry said their companies did not comment on rumors and speculation. Rumors of a Lenovo bid for BlackBerry have swirled many times over the last two years.

  • Oct 20- IBM Corp said it would hive off its loss-making semiconductor unit to contract-chipmaker Globalfoundries Inc to focus on cloud computing and big data analytics. IBM will pay Globalfoundries $1.5 billion in cash over the next three years to take the chip operations off its hands, the companies said in a statement on Monday. IBM took a related pre-tax...

  • Apple looks to rev up fading tablet growth Wednesday, 15 Oct 2014 | 4:00 AM ET

    SEATTLE, Oct 15- Apple Inc is expected to unveil thinner and more powerful iPads on Thursday ahead of the holiday season but may struggle to arouse passion for tablets among consumers already over-supplied with hand-held, touch-screen devices. Tablet sales for Apple, which defined the category with the iPad just four years ago, have fallen for two straight...

  • SHANGHAI, Oct 13- China and Hong Kong shares dropped on Monday, taking their cues from weakness in global markets as concerns mount over the health of major economies. The China Enterprises Index of the top Chinese listings in Hong Kong fell 1 percent. "Investors are not too bullish or bearish at this moment," said Alex Wong, a director at Ample Finance Group in Hong...

  • PC shipments dip 1.7 pct, less than expected Wednesday, 8 Oct 2014 | 4:20 PM ET

    SEATTLE, Oct 8- Personal computer shipments fell 1.7 percent in the July to September period from a year ago, tech research firm IDC said on Wednesday, marking the 10th straight quarter of declines but beating IDC's forecast of a 4.1 percent drop. Gartner, a rival research firm, put the decline at 0.5 percent. U.S. and European shipments increased, boosted by...

  • What Whitman is telling analysts about the split-up Wednesday, 8 Oct 2014 | 2:54 PM ET
    Meg Whitman, CEO of Hewlett-Packard

    Company executives told analysts Hewlett-Packard may see an acquisition post-split, reports Re/Code.

  • Should Samsung focus more on quality than quantity? Tuesday, 7 Oct 2014 | 11:30 AM ET

    Dan Costa of PCMag.com said Samsung should take a page from Apple's book and focus on less products.

  • SEOUL, Oct 7- Samsung Electronics Co Ltd is heading for its first annual earnings drop since 2011 after it revealed its July-September profit would be the lowest in more than three years and said short-term prospects for smartphones were uncertain. The world's smartphone leader has seen its global market share decline in annual terms for the past two quarters,...

  • HP faces uphill battle with newly minted PC unit Monday, 6 Oct 2014 | 7:52 PM ET

    SEATTLE/ SAN FRANCISCO, Oct 6- Hewlett-Packard Co's Chief Executive Officer Meg Whitman appeared to be banking on growth markets like 3 D printing and a trickle back in PC sales when she announced on Monday a spin-off for the company's computer and printing business. Yet some questioned the move, expressing doubt over whether the newly christened " HP Inc" can...

  • *Samsung Electronics to build chip plant in Pyeongtaek. SEOUL, Oct 6- South Korean IT giant Samsung Electronics plans to spend $14.7 billion on a new chip facility- its biggest investment in a single plant- leaning on its semiconductor business to bolster profits as its smartphone dominance wanes. But with the higher demand for mobile devices come increased...

  • HP split: Death of the hardware superstore Monday, 6 Oct 2014 | 12:47 PM ET
    Ticker showing news of Hewlett-Packard planning to split into two companies, New York, Oct. 5, 2014.

    HP's breakup could end up being a good thing in the long run, but it won't fix the company's core issues.