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Posts tagged “Lenovo”

Updated April 17

Hardware woes drive IBM revenues down for 8th straight quarter

IBM earnings IBM revenue fell 4 percent to $22.5 billion, below the $22.9 billion that analysts polled by FactSet had expected. It's the eighth consecutive quarter of revenue decline. The biggest drop was in its systems and technology unit, or hardware, where revenue tumbled 23 percent to $2.39 billion from $3.11 billion.

April 17

Premium Lock Inside IBM's earnings: Look for more grim revenue news in '14 as evolution continues

Analysis: IBM's first quarter financial performance outlines a company in the midst of a long-term strategic evolution, and demonstrates cloud and big data-driven disruption impacting the IT industry as a whole. Krista Macomber of Technology Business Research crunches the numbers and trends.

IBM breaks down its hardware segment performance IBM breaks down its hardware segment performance

April 14

Lenovo returns to Raleigh for annual sales meeting

Downtown Raleigh For the last five years, the world's largest PC maker has hosted its annual sales meeting in Raleigh and is expecting to draw more than 3,000 Lenovo employees this year including CEO Yuanqing Yang.

Updated April 11

Lenovo widens its market share lead in global PC sales

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.

April 4

Lenovo, IBM face 'perfect storm of issues' in US server deal review

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.

IBM's x86 server business operates globally IBM's x86 server business operates globally

March 27

Lenovo recalls 34,500 ThinkPad notebook battery packs due to fire hazard

A Lenovo ThinkPad with a battery pack involved in the recall Lenovo, the world's top PC seller, has issued a recall of battery packs sold in some ThinkPad notebook models between October 2010 and April 2011. The recall includes Canada.

Updated March 26

If not for Canadian government, Lenovo might have bought Blackberry

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 ...

A BaclKerrby Q10 with keyboard A BaclKerrby Q10 with keyboard

Updated March 25

Premium Lock Lenovo reaffirms commitment to hiring IBM x86 workers in RTP

IBM          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.

March 24

Premium Lock 'Complete refresh' - State Employee Credit Union buys 8,000 Lenovo PCs

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.

Lyris Bradhser assembles a tablet in Whitsett Lyris Bradhser assembles a tablet in Whitsett

March 21

Premium Lock Lenovo buys $100M in patents from Unwired Planet; loses $16M with wrong price tag on tablet

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.

Updated March 14

Premium Lock IBM pays Chinese workers $6K for transition to Lenovo

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.

IBM workers in China protest Lenovo deal IBM workers in China protest Lenovo deal

Updated March 14

Premium Lock Many IBMers in China just say no to working for Lenovo

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.

Chinese news website carries IBM protest story Chinese news website carries IBM protest story

Updated March 13

Premium Lock Lenovo picks RTP location for server group from IBM

Lenovo    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.

Updated March 12

Premium Lock Lenovo on strike at IBM plant in China: It's 'internal matter for IBM'

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.

IBM workers in China protest Lenovo deal IBM workers in China protest Lenovo deal

Updated March 10

Premium Lock IBM's CEO admits in letter to investors Big Blue didn't meet expectations

Virginia Rometty "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."

Tags: IBM, Lenovo
Updated March 7

Premium Lock No Ashton Kutcher smartphone, Lenovo says

Ashton Kutcher touts a Lenovo tablet 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.

Updated March 6

Premium Lock Reports: Strike against IBM-Lenovo deal continues in China

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.

IBM workers in China protest Lenovo deal IBM workers in China protest Lenovo deal

Updated March 5

Premium Lock IBM job protests in China don't generate sympathy in US

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?

IBM protests make headlines in China IBM protests make headlines in China

Updated March 4

Premium Lock Chinese IBM workers erupt in protests over layoffs, Lenovo deal

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.

IBM workers in China protest Lenovo deal IBM workers in China protest Lenovo deal

Updated March 4

Premium Lock Lenovo rips Ellen's Oscar selfie with a critical tweet, 'pic'

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!

The Oscar "selfie" The Oscar "selfie"

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