Posts tagged “Lenovo”
HP's Meg Whitman has been throwing around a lot of "FUD" - fear, uncertainty and doubt - about the Lenovo-IBM x86 server deal since it was announced. And guess who now leads in global server sales?
Alliance at IBM, which is seeking to represent Big Blue employees, on Thursday issued a statement in which it warned current IBMers who will transition to Lenovo as part of the $2.3 billion x86 server transaction, about layoffs. it claimed big layoffs were part of the initial IBM-Lenovo PC deal in 2005. A senior Lenovo executive and a former IBMer involved in that deal says the union's claim is "not true."
HP on Wednesday reported an increase in revenue for its most recent quarter, ending a streak of 11-straight declines. Surging PC and x86 server revenues helped - two markets where Lenovo either leads the world or hopes to when its $2.3B deal for IBM's x86 business closes. Analyst Jack Narcotta of Technology Business research examines HP's earnings report.
Uber hires Obama exec; Salix near deal close; Ballmer leaves Microsoft board; Lenovo's NFL Fantasy; HTC's new phone
In today's Bulldog roundup of tech and life science news: Uber hires former Obama exec to help with lobbying; Salix nears deal close; Ballmer quits Microsoft board; Lenovo's new NFL Fantasy contest; HTC's new phone runs Windows.
Lenovo and IBM issue statements confirming that the U.S. government has approved the company's $2.3 billion acquisition of IBM's x86 server business. The OK is a big step toward making 2,000 IBMers in RTP employees of Lenovo.
Inside Lenovo: Milestone quarter, mobility sales, IBM deal position add up to bright prospects for more growth
Analysis: Lenovo reported a "milestone quarter" in terms of revenue on Thursday with sales of mobile devices leading the way. For the first time, Lenovo - the world's No. 1 PC manufacturer - sold more smartphones than PCs. And more business is in the pipeline with the looming IBM x86 server deal, writes analyst Jack Narcotta.
Lenovo reports an 18 percent annual increase in quarterly earnings for the period ending June 30. And Yang Yuanqing, its top executive, sees "even more opportunity to grow rapidly." However, the firm's acquisitions of IBM's x86 server business based in RTP and Google's Motorola Mobility are still under review, Yang says.
Lenovo is one of the first disclosed customers for SAS' offerings as accessed through Amazon Web Services. SAS says the addition is designed to help give clients more "speed and flexibility." Further, SAS is organizing a "cloud" council that includes Intel as a member.
Every year, NCTA honors the memory of its founding CEO, Betsy Y. Justus, by awarding a scholarship in her name. This year, the scholarship was expanded to provide two students with a $4,000 scholarship and a computer from Lenovo.
Chairman and CEO Yang Yuanqing hails results for Lenovo after research reports in PC, smartphone and table markets show continued sales growth. And Yang expects even more in months still to come as his "PC-Plus" strategy sweeps forward.
Is Lenovo acquiring Motorola Mobility at just the right time? Technology news site The Information reports that the Google smartphone division Lenovo is hoping to acquire for $2.9 billion is in the midst of a sales boom. So is Lenovo about to strike gold again as it did when it bought IBM's PC division almost a decade ago?
Even before its $2.9 billion for Motorola Mobility closes, Lenovo continues to show growth in smartphone sales. The latest report from research firm IDC shows Lenovo shipped a record number of phones in the second quarter and drove up its market share. However ...
The virus sweeping the global information technology business - "IoT" or Internet of Things - is driving up the fever within Lenovo. The world's No. 1 PC manufacturer announced a wearable "smart glasses" deal on Thursday and has created a "New Business Development" team focused on IoT opportunities. But is the company overreaching?
Research firm IDC reports that tablet sales are a long way from heading into a death spiral with sales growing 11 percent over a year ago. Plus, the recently announced IBM-Apple deal could drive enterprise sales. But Apple's share is declining and Lenovo climbs to No. 3.
Lenovo, which recently filed for patent coverage of a Google Glass-like device, is partnering with New York-based Vuzix Corporation to launch "smart glasses." The devices will be sold first in China.
So what are the M100 Smart Glasses that Lenovo will soon begin selling in China through a new partnership with New York-based Vuzix? Here are some details.
If Lenovo has a "parent" in its rise as a global technology powerhouse, it's IBM. After all, Big Blue's sale of its PC division to Lenovo in 2005 took the China-born company international. Now, Lenovo is trying to buy IBM's x86 server business and Google's Motorola Mobility to accelerate growth in servers and smartphones. So what does IBM do as Lenovo grows as a threat to Apple? The Skinny talks with an analyst about IBM's big deal with Apple. Is it a slap in the face to Lenovo? By the way, BlackBerry already is caught up in fallout from the deal.
A two-year slump in personal computer sales ended in the second quarter, helped by improving demand in developed markets like North America and Europe.
A ministry in the Chinese government has granted its OK for the proposed $2.3 billion Lenovo-IBM x86 server deal. U.S. regulators are still examining the sale, which was announced in January and would affect 2,000 IBM workers in RTP.