|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||17.55 - 17.77|
|52 Week Range||8.97 - 17.77|
|Beta (3Y Monthly)||1.01|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.31 (2.06%)|
|1y Target Est||15.05|
HP's (HPQ) first-quarter fiscal 2019 results are likely to witness a slowdown, given the slump in PC shipments stemming from CPU shortages and tepid consumer demand.
RESEARCH TRIANGLE PARK, N.C.-- -- Lenovo unveils its ThinkSystem SE350 edge server, the first of a family of edge servers to come from the firm Lenovo highlights new IoT solutions in video security and surveillance through its partnership with Pivot3 and Future-Ready Retail Store Infrastructure through its partnership with Scale Computing Lenovo showcases a Multi-Access Edge Computing platform along ...
Feb 22 (Reuters) - Lenovo Group Ltd: * WOO CHIN WAN RAYMOND HAS BEEN APPOINTED AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR Source text for Eikon: Further company coverage:
Last quarter PC shipments were off 3.7% and smartphone shipments 4.9%, according to research firm IDC. Sure, part of Lenovo’s sales growth has likely come from absorbing Fujitsu’s PC business last May. The company has also improved its product mix, selling more premium items such as gaming PCs and ultrathin laptops. Meantime margins have gotten a boost: Cost-cutting is Lenovo’s signature skill, and prices of key components like memory chips are falling.
Lenovo Group, the world's largest personal computer maker, posted better-than-expected quarterly results and shrugged off the impact of a bruising Sino-U.S. trade war, sending its shares soaring 11 percent to three-year highs. The company, dual-headquartered in China and the United States, is optimistic of further growth in China and will focus on the premium market, CEO and chairman Yang Yuanqing told Reuters after December quarter revenue rose to the highest in four years on a strong showing across its major business groups. If that continues, that would affect everyone, not just us, all multinationals," Yang said in an interview on Thursday.
Four years after closing its acquisition of the Motorola phone brand, Lenovo Group Ltd. has finally posted a profit in its mobile-phone business. The deal closed in October of that year, meaning that it took 16 quarters to turn a profit.
Chinese PC maker Lenovo Group Ltd said on Thursday it swung to a net profit in the three months through December, beating market expectations, due to strong performance across its major business groups. Lenovo's mobile phone business also recorded a pre-tax profit - of $3 million - for the first time since it bought Motorola in 2014 for $2.9 billion.
HONG KONG-- -- Highest quarterly revenue for four years – US$14 billion, up 8.5% year-on-year and 6th consecutive quarter of YOY revenue growth All-time record high PTI of US$350 million - jumped 133% YOY Recorded net income of US$233 million for the fiscal quarter, significantly improved from the net loss of US$289 million in the same quarter of last year Major milestones hit across all businesses: ...
Vincross, the company behind the six-legged robot Hexa, said on Tuesday thatit has picked up $10 million in a Series A+ funding round led by LenovoCapital, the startup fund managed by Lenovo Group
Lenovo (HKSE:992) (LNVGY), a Fortune Global 500 company and a technology leader in Intelligent Transformation, today announced Lenovo TruScale™ Infrastructure Services, its comprehensive as-a-Service offering. Lenovo TruScale is a subscription-based offering that allows customers to use and pay for data center hardware and services – on-premise or at a customer-preferred location – without having to purchase the equipment.
Lenovo's Watch X was widely panned as "absolutely terrible." As it turns out, so was its security. The low-end $50 smart watch was one of Lenovo's cheapest smart watches. Available only for the China market, anyone who wants one has to buy one directly from the mainland.
RALEIGH, N.C. , Feb. 1, 2019 /PRNewswire/ -- Lenovo is excited to announce the 2019 Presidents Day sale. Lenovo says this is the brand's "Biggest Presidents Day Sale" ever. Throughout an extended ...
Gribetz’s TED Talk especially resonated in China. Two of the country’s most recognizable technology brands, Lenovo Group Ltd. and Tencent Holdings Ltd., wrote checks to Gribetz’s Silicon Valley-based company Meta Co., which would raise more than $80 million, said research firm PitchBook Data Inc. The reliance on Chinese money would ultimately contribute to the startup’s downfall, according to Gribetz.
Lenovo announced this morning that LanSchool Air, the company’s new cloud-based, classroom management platform, is now integrated into Edwin, the latest technology innovation from NELSON, Canada’s leading educational publisher.
Gartner has released its quarterly PC sales survey for the fourth quarter of 2018, and it was the same old story. PC sales plunged in the fourth quarter and were down 1.3 percent for the year. The company found in their preliminary sales research that worldwide sales totaled 68.6 million units in the fourth quarter.
Gartner and IDC perceive that PC shipment volumes in fourth-quarter 2018 suffered due to inadequate CPUs and tardy consumer demand on anxieties related to current US-China trade dispute.
Worldwide PC shipments fell 4.3% to 68.6 million units, Gartner said. Gartner said that in addition to trade-related “cautionary demand” in Asia, it believes political and economic uncertainty also affected the U.S., with some small businesses holding off on new purchases. In the U.S., HP prevailed with 33.4% of that market, followed by Dell at 25.7% and Lenovo at 15.2%, Gartner said.
Jan 10 (Reuters) - Gartner Inc: * GARTNER SAYS WORLDWIDE PC SHIPMENTS DECLINED 4.3 PERCENT IN 4Q18 AND 1.3 PERCENT FOR THE YEAR * GARTNER SAYS Q4 WORLDWIDE PC SHIPMENTS 68.6 MILLION UNITS, A 4.3 PERCENT ...
China’s slowing economy and trade troubles have been a cloud over this year’s Consumer Electronics Show. As one of China’s largest technology companies, with annual revenue of about $45 billion and the top-selling PC maker in the world, Lenovo has been closely watched amid escalating U.S.-China trade tensions and a deceleration in China. “We’re staunch believers in fair trade and open markets,” Matt Zielinski, president of Lenovo North America, told Barron’s at CES on Wednesday.
Lenovo has evolved in the past few years to become much more than just a PC company. It's launched multiple connected home devices, like Alexa-enabled speakers, as well as the first Google Assistant-based smart display and smart clock. It turns out the company being able to bring novel ideas to market helps show partners like Google and Amazon why Lenovo is a good launch partner.
The Federal Trade Commission, with the assistance of Huawei Technologies Co., Samsung Electronics Co. and Motorola, repeatedly points to Reifschneider’s alleged threats while he worked for Qualcomm to cut off chip supply as evidence of anti-competitive practices. Although Reifschneider won’t set foot in the San Jose, California, federal courthouse for this trial, his name is invoked almost hourly. Reifschneider was Qualcomm’s general manager of technology licensing for four years until June 2016, preceded by years as the company’s outside counsel.