Japan's Fujitsu Ltd on Thursday confirmed it was in talks with China's Lenovo Group to cooperate in the design and manufacture of personal computers (PC), and that any outcome would see it retain its own PC brand. The possible alliance with the world's largest PC maker "is aimed at strengthening our brand and business," Fujitsu President Tatsuya Tanaka said at a briefing in Tokyo after the company released its latest earnings report. Fujitsu and Lenovo, in a joint statement, said they were exploring means of cooperation and were discussing financial support with the state-backed Development Bank of Japan.
Fujitsu Ltd. shares surged to a nine-month high after the Japanese company revealed it was in discussions with China’s Lenovo Group Ltd. about collaborating on everything from research and computer design ...
- Zacks•2 days ago
Lenovo Group (LNVGY) is a strong candidate for an impressive value and could be a great choice for value investors at this time
Lenovo Group Limited (0992.HK)
HKSE - HKSE Delayed Price. Currency in HKD
|Day's Range||4.98 - 5.05|
|52wk Range||4.49 - 8.82|
|1y Target Est||N/A|
|P/E Ratio (ttm)||-55.81|
|Avg Vol (3m)||51,680,859|
|Dividend & Yield||N/A (N/A)|