Posts tagged “Lenovo”
Worldwide shipments of PCs continue to drop. But the decline in the first quarter of the year wasn't as dramatic as in recent periods, and Lenovo - the No. 1 global sales leader - broadened its market share by 2 full points to 17 percent.
Lenovo has already secured office space in RTP for some 2,000 IBMers who are expected to be transferred as part of then $2.3 billion deal for Big Blue's x86 server business. But Bloomberg news reports that the deal faces a "perfect storm of issues" in winning U.S. government approval. It's deja vu 2005 all over again.
Where there was smoke there really was fire last year when rumors circulated that Lenovo was going to buy BlackBerry. The deal never happened. CBC News reports why. Then Lenovo bought Motorola Mobility for $2.8 billion. Wow. How different Lenovo's future could look today ...
IBM on Monday reportedly began telling workers in its x86 server business whether they would be transferring to Lenovo or not. IBM won't comment, but Lenovo reaffirms its stated commitment to hire some 2,000 IBMers in RTP alone. Meanwhile, the proposed IBM-Lenovo deal receives government approval in India.
A complete technology reboot with new PCs and keeping jobs in North Carolina - Those are the goals of a huge computer purchase that the State Employees' Credit Union is fulfilling in a deal with Lenovo.
Lenovo agreed on Thursday to purchase a portfolio of patents from Unwired Planet and for an aggregated transaction of $100 million cash. The following day, the world's largest PC maker then discovered a pricing error on a new tablet that cost them about $16 million and some change.
Chinese workers who went on strike to protest IBM's sale of a plant to Lenovo are being paid $6,000 to accept the transfer. No such offers are being reported for workers in the United States.
The strike at an IBM x86 server plant in China by some 1,000 workers is ending - but the workers claim they won concessions from Big Blue for better severance and retention packages. Still, about half of them have decided not to transfer to Lenovo despite a plea from the company. IBM's $2.3 billion sale of its sever business to Lenovo triggered the walkout. Meanwhile, in RTP, IBM x86 workers will soon have a new home.
Lenovo will utilize a former Ericsson location for server operations that are being acquired in a $2.3 billion deal with IBM. In a statement, Lenovo confirmed that it had selected the 450,000 square foot complex and will build additional space.
Media reports say that some workers have been fired for going on strike at an IBM server plant in China which Lenovo hopes to acquire as part of its $2.3 billion deal with Big Blue. Lenovo is trying to steer clear of the mess, issuing a lengthy statement saying the strike is for IBM to resolve.
"We must acknowledge that while 2013 was an important year of transformation, our performance did not meet our expectations," Ginny Rometty said over the weekend in a letter to investors in the company's annual report. "While we continue to remix to higher value, we must also address those parts of the business that are holding us back."
A week ago, the Wall Street Journals' Re/code quoted a Lenovo marketing executive as saying that Hollywood star and entrepreneur Ashton Kutcher was working with the company to create a smartphone. Lenovo says that's not true but offers no other insight.
The New York Times and Financial Times report that workers at an IBM plant near Hong Kong have continued a strike for the fourth consecutive day. They are protesting the sale of IBM's x86 server business to Lenovo. IBM says it hopes workers will accept the transfer.
Workers in the U.S. aren't expressing much sympathy for IBMers in China who are protesting layoffs and the sale of Big Blue's x86 server business to Lenovo. Why? If your job was off-shored, how would you feel?
Thousands of IBM workers in China - some carrying banners describing IBM as a "Sweat Shop" and "We are not merchandise" - staged protests Wednesday in reaction to layoffs and the sale of IBM's low-end server business to Lenovo.
Oscar host Ellen DeGeneres posed a "selfie," and the star-studded photo immediately crashed Twitter. But who didn't make the photo taken with a Samsung smartphone? Lenovo tweets its own response noting that its camera would have captured more iconic star faces. So tweet, that, Samsung!
Lenovo's chief marketing officer tells "Re/code" that the star of "Two and a Half Men" is helping design a line of special edition phones. Lenovo already sells a "K" phone endorsed by NBA start Kobe Bryant. So what will the new K phone be called?
Tech news site CNET says a quarter of IBM's Systems Technology Group, which has a large presence in the Triangle, could be laid off in the job cuts that started Thursday. Meanwhile, new data from research firm IDC says IBM's server sales are plunging, adding to the dire news. Is this more bad news for Lenovo which is buying the x86 server business?