China's workforce is growing more restive as it shrinks.» Read More
Steven Pelayo, Regional Head of Technology Research, Asia-Pacific at HSBC, says firms exposed to China's developing smartphone market will see higher relative growth.
SEOUL, Jan 28- Samsung Electronics Co Ltd sold a record 86 million smartphones in the fourth quarter and widened its lead over Apple Inc even after the U.S. firm reached a new iPhone sales high, data from research firm Strategy Analytics showed.
*China Coal Energy further roiled by profit warning. HONG KONG, Jan 27- Hong Kong shares slumped to their lowest in five months on Monday, tracking a broad selloff in Asia as emerging economies became a new worry on top of ones about liquidity and growth in China.
Jan 24- Apple Inc may notch its most successful holiday shopping season yet when it reports quarterly results on Monday, setting records for sales of its gift-friendly iPhones and iPads. Apple, which once routinely blew away Wall Street's most bullish expectations, needs a superb quarter to galvanize the stock.
HONG KONG, Jan 24- Hong Kong shares fell to their lowest close since Nov. 13 on Friday as worries about Chinese growth lingered the day after a disappointing manufacturing survey came out. The China Enterprises Index of the top Chinese listings in Hong Kong slid 0.9 percent for the day and fell 1.5 on the week.
Gene Cao, Senior Analyst at Forrester Research, says Lenovo is poised to be China's largest service provider, after acquiring IBM's low-end server business for 2.3 billion dollars.
*Shanghai shares rebound on bargain-hunting. *Hong Kong extends losses to 2- month low. Hong Kong shares, however, extended the previous day's weakness and fell to their lowest in more than two months as investors remained concerned over China's economic recovery after a disappointing manufacturing survey on Thursday.
Lenovo to buy IBM's low-end server unit for $2.3 bln. Chinese PC maker Lenovo Group Ltd has agreed to buy International Business Machine Corp's low-end server business for $2.3 billion in what would be China's biggest technology deal. Microsoft seen reporting higher Q2 sales.
Thursday's midday movers:
*Lenovo to offer jobs to 7,500 IBM employees. BEIJING, Jan 23- Chinese PC maker Lenovo Group Ltd agreed to buy IBM Corp's low-end server business for $2.3 billion in what is set to be China's biggest technology deal.
*eBay rises after results, Icahn spin-off proposal. NEW YORK, Jan 23- U.S. stocks were set to open lower on Thursday, after disappointing manufacturing data in China and the latest round of corporate earnings failed to provide investors the impetus to push equities higher.
BEIJING, Jan 23- Lenovo Group Ltd has agreed to buy IBM Corp's low-end server business for $2.3 billion as the Chinese PC giant grabs another piece of the computing world in a long-awaited deal.
BEIJING, Jan 23- Lenovo Group Ltd has agreed to buy IBM Corp's server business for $2.3 billion as the Chinese PC giant grabs another piece of the computing world in a long-awaited deal.
BEIJING, Jan 23- Lenovo Group Ltd, the world's largest PC maker, agreed to buy IBM Corp's low-end server business in a long-awaited deal valued at about $2.3 billion, the biggest-ever tech acquisition by a Chinese company.
China's Lenovo is to buy IBM's x86 low-end server business in a deal valued at $2.3 billion.
SPECIAL REPORT-How Caterpillar got bulldozed in China. ZHENGZHOU- A year and a half after Caterpillar Inc signed off on a deal with Zhengzhou Siwei, it has become a case study in how a foreign company with decades of experience in China can still flounder in that market. SEC judge suspends' Big Four' China units over audits.
Lenovo is nearing an agreement to buy IBM's low-end server business for $2-2.5 billion, countering the shrinking personal computers market.
*Lenovo could pay between $2- 2.5 bln for IBM's unit. Jan 23- Lenovo Group Ltd is nearing an agreement to buy International Business Machines Corp's low-end server business for $2- 2.5 billion, a deal that would help the Chinese company counter the shrinking personal computers market, people familiar with the matter said.
Jan 22- Lenovo Group is close to an agreement to buy International Business Machines Corp's low-end server business, according to two people who are familiar with the matter. While the exact price could not be determined, Lenovo is expected to pay less than $2.5 billion for the unit, the sources said.
Jan 22- Japan's Fujitsu Ltd is considering buying International Business Machines Corp's low-end server business, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Fujitsu and IBM could not be reached for comment. Lenovo and IBM failed to reach an agreement last year over the business after differing on pricing.