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Posts tagged “Lenovo”

8:39 a.m. Thursday

Premium Lock Lenovo falls from top 5 among global smartphone vendors

Lenovo   A reorganization and job cuts in its smartphone business are apparently not producing quick dividends for Lenovo. The latest statistics from research firm IDC show that Lenovo has fallen out of the top five among global manufacturers.

April 12

Premium Lock Lenovo: 'Laser-like focus' on US market pays 'strong dividends'

Its sales worldwide are declining - with one big exception: The United States. And Lenovo's chief operating officer says improving sales is a direct result of the company's "laser-like focus."

Gianfranco Lanci Gianfranco Lanci

April 12

Premium Lock Lenovo shows PC muscle in US but global sales plunge for industry

Lenovo employees are gathering in Raleigh this week for the spring kickoff by the world's No. 1 PC seller. But there's not much joy for Lenovo or its competitors based on the latest PC sales statistics. Global shipments crashed in the first quarter. About the only bright spots for Lenovo were: Increase sales in the U.S. and a bigger global market share year-over-year.

A Lenovo PC A Lenovo PC

Updated April 5

Premium Lock Commoditization, competition drive down data center hardware revenues

Sever and related data center hardware revenues are shrinking. Revenues in storage and proprietary servers fell 7.7 percent last year. But there are areas for growth, such as flash storage. That's big news for Lenovo, HP, IBM, Oracle, Dell, EMC, Cisco and others. Why? Technology advances and changes in customer demand are forcing changes in the data center server market, according to a new report from Technology Business Research.

A Lenovo server A Lenovo server

March 29

Premium Lock Lenovo looks for new CTO; vet Hortensius joining data center group

Peter Hortensius Long-time IBM and Lenovo veteran Peter Hortensius is moving from chief technology officer of the world's largest PC manufacturer to a CTO job with Lenovo's newly organized Data Center Group. Lenovo says it is looking for a new CTO for the entire company.

Updated March 21

Premium Lock Inside Lenovo's reorg: Analyst sees changes as retooling for 'difficult' times

Analysis: Moving proven executives into key leadership positions underscores how Lenovo is gearing up to compete in 2016 - and the times aren't easy ones in multiple Lenovo markets, says Technology Business Research analyst Jack Narcotta.

Gerry Smith Gerry Smith

Updated March 18

Premium Lock Lenovo names new North America president in reorg; no layoffs coming

Lenovo's North America organization has a new president after the world's largest PC seller and a top provider of mobile and server technology goes through another reorganization. (Read his bio.) Also, a Lenovo spokesperson says the structural changes will not result in any layoffs.

Emilio Ghilardi Emilio Ghilardi

Updated March 18

Premium Lock Another Lenovo reorg - This time, Motorola chief is out

Lenovo is reorganizing - again - and this time the top executive of its Motorola business unit is out. The head of North American operations is promoted. Plus, its PC unit is now labeled as the "PC & Smart Business Group."

Rick Osterloh, right, in happier times  Rick Osterloh, right, in happier times

March 7

Premium Lock Lenovo CEO Yang falls off Forbes billionaires list

Yang Yuanqing  fell off the 2016 Forbes billionaires list Lenovo CEO Yang Yuanqing fell off the 2016 Forbes billionaires list published last Tuesday, along with more than 40 other individuals from China as economic growth in the country stalled.

Tags: Lenovo
March 2

Premium Lock IBM looking to sell up to $150M shares in Lenovo

IBM                          IBM, which took a big stake in Lenovo as part of its selling PC operations to that company in 2004, is looking to sell a big chunk of that original investment.

Updated February 22

Premium Lock Lenovo unveils new data service, host of devices at Mobile World Congress

Lenovo is rolling out a variety of new devices at the Mobile World Congress this week in Spain. However, the world's No. 1 PC manufacturer may make the biggest impact with a new global data service it says links devices across networks - and borders.

Updated February 22

Premium Lock Quintiles is 'Most Admired' life sciences firm; IBM, AT&T crack top 50 Fortune list

Fortune's latest "Most Admired Companies" report includes Quintiles for the second straight year. IBM and AT&T crack the overall top 50, and Lenovo comes in at No. 3 among technology firms. Meanwhile, three "As" finished 1-2-3.

Fortune "Most Admired" Fortune "Most Admired"

Updated February 18

Premium Lock Lenovo updates WRITEit app that turns touch screen into virtual canvas

Lenovo is launching a new version of its WRITEit app that enables users to turn touchscreen devices into a digital canvas for writing, drawing, and more.

Updated February 17

Premium Lock The Moto man: Ashton Kutcher expands Lenovo gig to include smartphones

Two-and-a-Half-Men star Ashton Kutcher has worked for Lenovo since October of 2013 as a designated engineer and a touter of tablets such as the Yoga. Now he's embracing Moto, as in Motorola smartphones.

Updated February 11

Premium Lock RTP virtual reality group, American Underground team up for demos

RTPVR A group of startups focusing on virtual reality known as RTP Virtual Reality is teaming up with the American Underground for a series of demos to demonstrate what has been touted as the next wave in interactive entertainment. Several Triangle firms already are making plays in the VR space.

February 8

Premium Lock Inside Lenovo: Finding ways to overcome PC market woes is a priority

Lenovo's gaming-geared laptop  Analysis: Lenovo's latest earnings report highlights the challenges the world's No. 1 PC maker faces as inorganic growth disappears. So says Technology Business Research analyst Jack Narcotta.

Updated February 6

Premium Lock At Super Bowl, Lenovo will power NFL's tech lineup

Lenovo won't be running a multi-million-dollar ad Sunday night, but the world's No. 1 PC manufacturer is the NFL's "official computer provider" and thus will be a major technology player in Super Bowl 50's delivery. For example, if a player is injured a Lenovo Workstation will be used to help analyze what happened. And there's much more as the NFL notes in a case study.

Updated February 3

Premium Lock Big drop in revenue triggers 11% plunge in Lenovo shares

Lenovo is doing well in India Lenovo, which is fighting a global downward trend in PC sales and has seen its smartphone sales fall sharply, is taking a beating in the stock market today after reporting an 8 percent drop in revenues for 2015's year-ending quarter. Layoffs and cost-cutting helped improve profits, however, the company notes.

February 3

Premium Lock Inside Lenovo: Enterprise Group, cost discipline keys to weathering challenges

Earnings    Analysis: Lenovo disclosed revenues today that fell below analysts' expectations, triggering an 11 percent drop in its stock. But the company did report a bigger-than-expected profit, something the world's No. 1 PC seller attributed largely to cost cuts. So what's happening to Lenovo? Our Insiders get an in-depth analysis.

February 1

Premium Lock Report: Tablet sales plunge but 'detachables' offer hope

Tablet sales plunged more than 10 percent in 2015, including a 14 percent drop in the fourth quarter. But sales of "detachables" - on which Lenovo is betting heavily - are a bright spot, according to research firm IDC.

The latest Yoga from Lenovo The latest Yoga from Lenovo

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