Chinese technology group Lenovo announced the formal completion of the Lenovo (Western) Industrial Base in Chengdu.

Liu Chuanzhi, Lenovo Group's founder and chairman, is moving aside for CEO Yang Yuanqing to assume the dual role of chairman and CEO.

Chinese 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%.

Chinese PC giant Lenovo has announced that it has established a new business group, focusing on the mobile Internet and family-oriented digital businesses.

Chinese 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.

Chinese 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.

Lenovo 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.

Chinese computing brand Lenovo is bifurcating its organizational structure and shaking up its product groups to gain better efficiencies.

Chinese 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.

The computer production plant in Apodaca, a city in northeastern Mexico, has formally been put into production for China's leading PC maker Lenovo.

Chinese 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.

The 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.

Lenovo 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.