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Lenovo Group Ltd

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  • The Chinese smartphone that's ramping up in the US Thursday, 13 Nov 2014 | 12:12 PM ET
    ZTE Zmax

    ZTE is building brand awareness in the US with new partnerships that add to its second-place edge in the growing prepaid market.

  • SEOUL, Nov 13- Samsung Electronics Co Ltd aims to restore its crumbling lead in the global smartphone industry in part by ramping up high-end devices with curved screens full of advanced technology that's tough for rivals to replicate. Samsung Electronics is headed for its worst annual profit in three years, under siege as Chinese firms like Xiaomi Technology...

  • Hong Kong shares end lower, railway sector slumps Friday, 7 Nov 2014 | 3:07 AM ET

    SHANGHAI, Nov 7- Hong Kong shares ended lower after a volatile session on Friday, pressured by profit taking and concerns over the status of a cross border stock trading scheme. The Hang Seng Index unofficially closed down 0.4 percent at 23,550.24 points, while the China Enterprises Index of the leading offshore Chinese listings in Hong Kong fell 0.3 percent.

  • Xiaomi lines up $1.5 billion in fresh capital Friday, 7 Nov 2014 | 1:00 AM ET

    Xiaomi is said to raise close to $1.5 billion in capital, in the largest private financing for a venture-backed company. The Financial Times reports.

  • SHANGHAI, Nov 7- China shares rose on Friday, buoyed by strength in brokerages as investors regained confidence after the Chinese central bank pumped liquidity into the financial system to help the economy. "I've seen investors are confident to buy into those low-valuation heavyweight stocks," said Du Changchun, analyst at Northeast Securities in Shanghai,...

  • Behind Lenovo's Q2 revenue decline   Thursday, 6 Nov 2014 | 8:36 PM ET
    Behind Lenovo's Q2 revenue decline

    Thursday's second quarter results indicate that Lenovo is struggling to keep up with compeition in China's smartphone market, says Jean-Louis Lafayeedney, Technology Analyst at Societe Generale Ji Asia.

  • BEIJING, Nov 6- Lenovo Group Ltd reported quarterly revenue that missed analyst estimates, with a decline in smartphone sales curbing investor optimism about the world's biggest maker of personal computers turning into a force in mobile devices. Lenovo's earnings came at a time of unprecedented competition in China's smartphone market, with rivals...

  • Hong Kong shares end lower on profit-taking Thursday, 6 Nov 2014 | 3:09 AM ET

    SHANGHAI, Nov 6- Hong Kong shares fell on Thursday, dampened by consolidation after recent rallies and uncertainty over the progress of a cross-border share scheme between Shanghai and the city. The Hang Seng Index unofficially closed down 0.2 percent at 23,649.31 points, while the China Enterprises Index of the leading offshore Chinese listings in Hong Kong...

  • *Names Yahoo co-founder Jerry Yang to board of directors. BEIJING, Nov 6- Lenovo Group Ltd, the world's biggest maker of personal computers, reported a 19 percent jump in net income in the second fiscal quarter, but revenue fell short of analyst expectations, sending shares lower. Shares of Lenovo shed 2.46 percent in Thursday afternoon trade, compared with a 0.1...

  • Lenovo profit climbs 19% as PC market share grows Thursday, 6 Nov 2014 | 12:51 AM ET

    Lenovo said net income jumped 19 percent in the second fiscal quarter, as it tightened its hold over global PC sales even as the market shrunk.

  • BEIJING, Nov 6- Lenovo Group Ltd, the world's biggest maker of personal computers, said net income jumped 19 percent in the second fiscal quarter, beating estimates, as it tightened its hold over global PC sales even as the broader market shrunk. Lenovo is now ramping up its assault on new product markets after closing in recent weeks two multi-billion-dollar...

  • Lenovo - 'The best house in a bad neighborhood'?   Wednesday, 5 Nov 2014 | 10:22 PM ET
    Lenovo - 'The best house in a bad neighborhood'?

    Ahead of Lenovo's quarterly earnings on Thursday, Brad Gastwirth, CEO of ABR Investment Strategy, outlines his expectations for the world's largest PC marker.

  • Nov 4- Motorola Solutions Inc reported a better-than-expected quarterly profit as it slashed costs, and the maker of walkie-talkies and radio systems raised its share buyback authorization by $5 billion. Motorola Solutions has about $600 million remaining from its earlier $7 billion buyback program, and the new authorization takes the total to $12 billion...

  • Ex-Apple CEO Sculley launches smartphone brand Thursday, 30 Oct 2014 | 11:05 PM ET

    Obi Mobiles, the new kid on the smartphone block, was launched by co-founder and former Apple CEO John Sculley in Singapore on Thursday.

  • China's Xiaomi is third largest smartphone maker Thursday, 30 Oct 2014 | 11:14 AM ET

    China's Xiaomi is now the third-largest smartphone vendor after Apple and Samsung in new IDC data, reports Recode.

  • Xiaomi moves into third place in global smartphone war Thursday, 30 Oct 2014 | 1:37 AM ET

    BEIJING, Oct 30- China's Xiaomi Inc has become the world's third-largest smartphone vendor just three years after first hitting the market, trailing only Samsung Electronics Co Ltd and Apple Inc, according to a new industry study. Apple's share also fell slightly to 12 percent. "Samsung continues to face tough competition from Apple at the higher-end of the...

  • SEOUL, Oct 30- Samsung Electronics Co Ltd on Thursday said it would revamp its smartphone line-up to take on competitors in the rapidly growing mid-to-low range segment, after third-quarter earnings set it on course for its worst year since 2011.. The global smartphone leader's market share declined in annual terms for the third straight quarter in...

  • 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.