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Posts tagged “Lenovo”

6:49 a.m. yesterday

Premium Lock Lenovo struggles to keep pace with data center disruption

Analysis: Lenovo's latest earnings report last week in which the global tech firm reported its first loss in six years reflects in part problems in its data center business. Technology Business Research Analyst Krista Macomber says Lenovo's Enterprise Business Group, which is based in RTP, is struggling to keep pace with the disruption taking place in the data center industry.

May 27

Premium Lock Inside Lenovo: Will reorg of PC business offset plunging prices?

Analysis: Facing an "ongoing dive to the bottom in PC prices" as well as other challenges such as in its smartphone business, Lenovo is reorganizing its world-leading computer business. But will that be enough as Lenovo profits and revenue drop? Technology Business Research Analyst Daniel Callahan takes a look.

A Lenovo PC A Lenovo PC

Updated May 26

Lenovo reports bigger loss than expected, 3% revenue drop

Lenovo   Lenovo, the world's largest PC manufacturer, reports its first annual loss in six years as revenues decline 3 percent. The company cites several reasons for the drop, including a huge decline in smartphone sales as well as internal "operational issues," in the words of Chairman and CEO Yang Yuanqing. Meanwhile, its Triangle-based server group gets a new name.

May 25

Premium Lock Tech links: IBM's cognitive dress; Cisco cloud phone; Watson on Twilio; GSK lung drug success; Lenovo Moto Z

In today's roundup of Tech Links, taking you to important stories affecting tech in the Triangle: Check out the "cognitive dress" designed in part by IBM's Watson; see a YouTube video about the fashion project; read about Cisco's cloud phone; find out about new Watson services for developers at Twilio, GSK gets good news on a potential lung drug; and Lenovo trademarks Moto Z.

May 25

Premium Lock Bloomberg: Lenovo analysts cut outlook due to 'mobile crisis'

Lenovo   Lenovo reports its latest quarterly earnings Thursday, and expectations are the numbers won't be good, Bloomberg news reports. In a story that documents how analysts are downgrading the stock, Bloomberg notes one common theme: Lenovo's struggles in the mobile phone market.

May 18

Duke poliovirus therapy; Lenovo-SAP solutions; Duke solar projects OK'd; PPD award

Tech briefs Tech briefs: A poliovirus therapy from Duke University receives "breakthrough" status from the FDA; Lenovo and SAP unveil their first joint products and solutions; Duke Energy wins approval for two solar projects; and PPD wins clinical research award.

May 17

Tech links: AT&T GigaPower; Lenovo phones; Twitter limits; IBM faster storage; AT&T's buy

High tech In today's WTW wrapup of technology news: AT&T takes GigaPower to San Francisco; Lenovo unveils new phones; new limits possibly coming for Twitter; IBM's new storage breakthrough tops flash; and AT&T makes a streaming buy.

Updated May 10

Premium Lock Morgan Stanley says 'sell' Lenovo as management shuffling continues

Lenovo   Another top executive post at Lenovo is changing hands in what has become a game of musical chairs over the past year. And to make matters worse, Morgan Stanley says "sell" Lenovo shares, warning that profits are not going to meet expectations as smartphone sales plunge.

May 6

Premium Lock Lenovo spells out details of $500M investment fund, 'incubator group'

Lenovo is disclosing details about its newly established $500 million investment fund. The global tech company also is launching a new incubation group that will help fund various Lenovo subsidiaries such as its SHAREit service and "smart" technology efforts.

Lenovo Lenovo

May 4

Triangle headlines: GSK sells RTP buildings; Nortel bankruptcy ruling; Lenovo's $500M investment fund; Chinese firms like NC

Triangle headlines In today's wrapup of Triangle area news: GSK sells its RTP buildings but plans to lease them back; a ruling may lead to Nortel bankruptcy settlement; Lenovo plans to invest $500 million in startups; and Chinese firms show a liking for North Carolina.

April 28

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
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