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Lenovo's Computer Western Industrial Base Completed In Chengdu
December 28, 2011Chinese technology group Lenovo announced the formal completion of the Lenovo (Western) Industrial Base in Chengdu.
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Lenovo's Founder Liu Chuanzhi Steps Down
November 3, 2011Liu Chuanzhi, Lenovo Group's founder and chairman, is moving aside for CEO Yang Yuanqing to assume the dual role of chairman and CEO.
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Lenovo, NEC Create PC JV
February 9, 2011Chinese PC maker Lenovo has announced that it has reached an agreement with the Japanese electronics maker NEC and the two parties will jointly establish a PC joint venture, in which Lenovo will own a 51% stake and NEC will own the remaining 49%.
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China's Lenovo Set Up New Business Group For Mobile Internet
January 27, 2011Chinese PC giant Lenovo has announced that it has established a new business group, focusing on the mobile Internet and family-oriented digital businesses.
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China's Lenovo Gained Net Profit Of USD55 Million In Q1 2010
August 23, 2010Chinese electronics and PC maker Lenovo has published its financial report for the first quarter of 2010 fiscal year ended June 30, stating that it gained net profit of USD55 million.
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China's Lenovo Unveils New Smartphone Brand
January 12, 2010Chinese PC maker Lenovo Group has unveiled its first smartphone product named Lephone, along with a new laptop brand Skylight, during the Consumer Electronics Show in Las Vegas.
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Money For Hony As Lenovo Group Buys All Of Mobile Firm
November 27, 2009Lenovo Group is acquiring the entire interest of Lenovo Mobile Communication Technology Ltd. from a group of investors led by Hony Capital, the private equity arm of Legend Holdings.
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Lenovo Eyes Innovation With New Product And Organization Realignment
March 26, 2009Chinese computing brand Lenovo is bifurcating its organizational structure and shaking up its product groups to gain better efficiencies.
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Lenovo To Cut 450 Jobs In China
February 25, 2009Chinese PC maker Lenovo has announced plans to cut 450 jobs in its global function departments in China and most of the adjustments are expected to be completed before the end of March 2009.
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Lenovo's Mexican Computer Factory Starts Production
February 23, 2009The computer production plant in Apodaca, a city in northeastern Mexico, has formally been put into production for China's leading PC maker Lenovo.
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Lenovo Founder Returns After Company Disappoints With Declining Computer Sales And Loss
February 5, 2009Chinese computer maker Lenovo Group has felt the sting of the global financial crisis as it today announced pitiful computer sales for its third fiscal quarter ended December 31, 2008.
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Financial Crisis Hits China's Lenovo As Company Cuts Worldwide Staff
January 8, 2009The global financial crisis has hit Chinese PC maker Lenovo (LNVGY) as it today announced cutting approximately 11% of its total global workforce, and the company expects to report a loss for the fiscal quarter that ended December 31, 2008.
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Weak Computer Demand Gives Lenovo Flat Quarterly Sales
November 7, 2008Lenovo Group (LNVGY) announced results for its second fiscal quarter ended September 30, 2008 and said consolidated sales were flat from the year before at USD4.3 billion for the quarter from continuing operations, excluding its recently sold mobile handset business.
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