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Posts tagged “Lenovo”

Updated 7:14 a.m. Thursday

Lenovo revenues surge 20% but profit misses analysts expectations

Lenovo banner at a trade show      Lenovo, its income driven up 20 percent over the past year due in part to $5 billion in acquisitions, didn't deliver on the amount of profit financial analysts had forecast in its annual financial report issued early Thursday.

7:10 a.m. Thursday

Premium Lock Lenovo's 'attacking' strategy: Targeting the 'social mobile Internet'

If only one thing has become clear to most observers about Lenovo's top executive Yang Yuanqing since the company bought IBM's PC business a decade ago, it's this: He's always on the attack, looking to grow the world's No. 1 PC manufacturer. His new target of opportunity: What he calls the "social mobile Internet." And that means continuing change for the company, which already has diversified into a global powerhouse.

Lenovo's "YY" takes a selfie at kickoff meeting in Raleigh Lenovo's "YY" takes a selfie at kickoff meeting in Raleigh

Updated May 15

Premium Lock Report: Lenovo may acquire Taiwan-based gaming notebook business

Lenovo banner at a trade show      Lenovo, the world's No. 1 manufacturer of personal computers, may try to strengthen its lineup by acquiring the gaming notebook business of Taiwan-based Micro-Star International, sources say.

May 13

Lenovo's first 'Tech World' draws Intel, Microsoft CEOs as speakers

Lenovo banner at a trade show      Lenovo is putting on a star-studded "Tech World" event in Beijing later this month with the CEOs of Intel, Microsoft and Baidu delivering keynote addresses along with Lenovo chair and CEO Yang Yuanqing.

Updated May 11

Lenovo confirms layoffs, says 235 people lose jobs in server group

Layoffs        Lenovo confirms that it is cutting jobs in its x86 server business with 235 people being told Monday they were being laid off. Of those, 155 are based in the Triangle, a company spokesperson says. Lenovo only cut jobs in the U.S. Some contractors also were let go.

May 11

Consumer Reports: Lenovo cites 'missteps' on the new LaVie Z laptop

Consumer Reports notes that Lenovo's award-winning, "superlight" coveraible laptop LaVie Z is being shipped with "some flaws." Buyers are being offered a 5 percent discount. The laptop was a huge hit at the Consumer Electronics Show in January.

Lenovo's LaVie Z Lenovo's LaVie Z

May 11

Lenovo's smartphone share in China plummets 22%

Apple's bigger-than-ever iPhones      Apple is surging in smartphone sales across China and Lenovo is dropping, according to new statistics from research firm IDC. Overall, year-over-year sales in China fell for the first time in six years.

May 11

Sources: Lenovo will be laying off workers at x86 server business in RTP

Layoffs        Lenovo will begin laying off workers at its server business in Research Triangle Park today, according to sources within the company. Lenovo won't talk about what's happening, but workers say employees were told last week that those being let go would be told Monday.

Updated May 8

'High' security risk in PC update gives Lenovo another tech black eye

ThinkPad Helix  Lenovo, the world's No. 1 PC manufacturer, is wearing another technical black eye this week after the disclosure of a serious security risk discovered by an outside research firm. It's the second time in recent months that Lenovo has taken a blow to its reputation.

May 1

Lenovo's CEO: 'The innovative decade and the path forward'

Lenovo is celebrating today the 10th anniversary of the deal through which it acquired IBM's Triangle-based PC business. In a blog, Chairman and CEO Yang Yuanqing recalls highlights of the past decade and looks to the future.

Lenovo's "YY" takes a selfie at kickoff meeting in Raleigh Lenovo's "YY" takes a selfie at kickoff meeting in Raleigh

Updated April 30

Lenovo tablet, smartphone sales surge as it celebrates 10th anniversary of IBM PC deal

Yoga 3 Pro  Lenovo is celebrating the 10th anniversary of its IBM PC business sale this week across the Triangle. The company once known as Legend when launched in China has turned that deal into the world's No. 1 PC manufacturer. But reports also show that Lenovo can celebrate growth in two other markets: Tablets and smartphones.

Updated April 24

Premium Lock Lenovo recalls 166,000 ThinkPad battery packs due to fire hazard

Lenovo, the world's No. 1 PC manufacturer, has expanded a recall of battery packs for ThinkPad Notebooks due to a fire hazard. It's the second recall for these batteries in the past 14 months - but this one is 10 times larger. In December, Lenovo had to recall 500,000 power cords.

A recalled Lenovo battery pack  A recalled Lenovo battery pack

April 14

Premium Lock As revenues climb, Lenovo brings thousands to Triangle for kickoff

Lenovo's Yang Yuanqing aims for growth. No Stanley Cup Playoffs for the Hurricanes this year, but there will be a playoff atmosphere at PNC Arena today courtesy of Lenovo. General Manager and Coach Yang Yuanqing will be leading the cheers as the growing tech giant launches efforts to further boost sales around the globe. Already No. 1 in PCs, Y.Y. is aiming to be the champ in smartphones, servers and Internet devices, too. Expect to hear a lot of cheering from the Lenovo faithful. They may not all be Caniancs but they do know how to celebrate.

Tags: Lenovo
Updated April 13

Premium Lock Lenovo widens hold on No. 1 PC global ranking, surges in US

Lenovo's products PC sales are plunging worldwide, but not at Lenovo. The world's No. 1 computer manufacturer widened its hold on the top sales spot in the first quarter, driving up sales and market share, two reports show. Lenovo also is continuing to gain share in the U.S.

April 9

Premium Lock Lenovo 'confident' of growth even as PC sales decline again

The leader of the world's largest PC manufacturer put a happy face on reports that PC sales continue to plunge as businesses move away from bulk purchases of desktop machines.

Tags: Lenovo
Updated April 9

Premium Lock A must-watch: How Joe DeSimone is revolutionizing 3D printing (Think T2)

If you never thought "T2" technology would come to life .... well, not yet, anyway. But thanks to incredible progress being made by the 3D printing technology company founded by UNC/NCSU professor, inventor and tech wizard Dr. Joe DeSimone the days of 3D manufacturing based on liquids is coming. Fast.

Updated April 9

Premium Lock Exclusive: New Lenovo North America exec aims to drive more growth

In his first interview as president of Lenovo North America, Aymar de Lencquesaing says he is coming to the U.S. seeking ideas from managers and employees about how to grow market share. "You also get better thinking from multiple brains," he says.

Aymar de Lencquesaing Aymar de Lencquesaing

April 7

Premium Lock Lenovo names former Packard Bell CEO as new leader in North America

Lenovo               Aymar de Lencquesaing, a former CEO f Packard Bell, is the new president for North America at Lenovo. He replaces Jay Parker who was recently named to a new position.

April 3

Premium Lock Report: Lenovo smartphone shipments plunge in first quarter

Motorola's new Lenovo banner Digitimes Research in Taiwan is reporting that Lenovo shipped far fewer smartphones in the first quarter of this year than had been expected following its acquisition of Motorola Mobility and a rebirth of interest in that brand.

Updated March 19

Premium Lock Lenovo names former Acer CEO as president in corporate realignment

Lenovo, the world's No. 1 PC manufacturer, is making changes in its management structure following the recent closing of deals for IBM's x86 business and Google Motorola. Under the new structure, Lenovo has a president - industry veteran Gianfranco Lanci - who reports directly to chair and CEO Yang Yuanqing. The move affects Lenovo's two top executives in the Triangle: Gerry Smith and Jay Parker.

Gianfranco Lanci Gianfranco Lanci

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