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Lenovo says China strike an IBM matter, but it won't cut wages

Last Updated: Tuesday, March 11, 2014, 12:10

Chinese PC maker Lenovo Group Ltd said it was up to IBM to resolve a wildcat strike at a China-based factory, as a deal to buy the U.S. company`s server business had yet to be finalised.

IBM China workers strike over terms in $2.3 bn Lenovo deal

Last Updated: Thursday, March 06, 2014, 22:06

More than 1,000 workers at an IBM factory in southern China have gone on strike against the terms of their transfer to Chinese PC maker Lenovo Group Ltd caused by the US company`s USD 2.3 billion sale of its low-end server business.

Post Motorola deal, Google to own 5.94% stake in Lenovo

Last Updated: Friday, February 07, 2014, 09:35

Google's decision to sell Motorola Mobility to Lenovo will allow the internet giant to hold 5.94 per cent stake worth USD 750 million in the Chinese computer maker.

Lenovo declines comment on Sony Vaio PC buy report

Last Updated: Tuesday, February 04, 2014, 13:16

Lenovo Group Ltd declined to comment on a weekend media report that the Chinese personal computer maker was in talks with Japan`s Sony Corp about a possible joint venture to buy Sony`s loss-making Vaio PC business overseas.

'Sony, Lenovo in talks on possible PC business alliance'

Last Updated: Saturday, February 01, 2014, 13:59

Japan`s Sony Corp and Chinese technology company Lenovo Group are in talks about a possible joint venture to take over Sony`s loss-making Vaio PC business overseas, Japanese broadcaster NHK reported on Saturday.

Lenovo resumes talks to buy IBM unit - source

Last Updated: Tuesday, January 21, 2014, 02:41

China`s Lenovo Group Ltd <0992.HK> has resumed discussions to buy International Business Machines Corp`s low-end server unit, a source familiar with the matter stated.

Lenovo Q2 net profit rises 36%, beats forecasts

Last Updated: Thursday, November 07, 2013, 11:52

China`s Lenovo Group Ltd, the world`s number one manufacturer of PCs, said net profit jumped 36 percent in its fiscal second quarter, beating estimates as it continues to chase growth through acquisitions.

Lenovo’s phablet K900 to be launched tomorrow

Last Updated: Thursday, May 09, 2013, 10:13

Lenovo is likely to launch a 5.5-inch phablet called the K900 on May 10, as per media reports.

Lenovo to launch K900 phablet on May 10 at sub Rs 25K

Last Updated: Tuesday, April 30, 2013, 10:45

Lenovo K900 will have 1920x1080 pixels and will run on Android 4.2 Jelly Bean.

Lenovo launches Windows 8 based Ideapad Y500, Ideapad Z500 laptops in India

Last Updated: Wednesday, February 06, 2013, 09:34

Lenovo IdeaPad Y500 is priced at Rs. 64,290 and the IdeaPad Z500 is priced at Rs 48,990.

Lenovo profit boosted by smartphones, tablets

Last Updated: Wednesday, January 30, 2013, 15:48

Personal computer maker Lenovo Group on Wednesday said its quarterly profit rose by 28 percent as sales of smartphones and tablets surged but warned this year's market conditions will be tough.

Lenovo net profit jumps 59% in Jan-Mar quarter

Last Updated: Wednesday, May 23, 2012, 19:04

Personal computer maker Lenovo Group Wednesday reported 59 percent jump in net profit to USD 67 million for the quarter ended March 31, 2012, helped by strong sales in India, Russia and China.