Posts tagged “Lenovo”
GSK layoffs in China?; Lenovo-Xiamoi showdown; NC wind energy study; China blocks VPNs; Box prices IPO; Uber woes; Verizon loss
In today's Bulldog wrapup: GSK reportedly will lay off 1,000 in China; Lenovo takes on Xiaomi with own cheap smartphone in India; feds seek public input on coastal NC wind energy study; China shutting down virtual private networks; Box prices its IPO; Denmark may ban Uber; and Verizon reports a quarterly loss.
Xiaomi, a fast-growing startup that is battling Lenovo for the No. 3 spot in global smartphone sales and market share in China, is now targeting Apple. Xiaomi, which recently raised $1 billion in new capital, is launching a new, higher-priced, feature-packed smartphone after an early focus on cheap devices.
Facing a growing threat from China-based startup Xiaomi, which is valued at a whopping $45 billion, Lenovo's chairman and CEO says he is considering spinning off a new unit that is focused on selling mobile and Internet-connected devices.
New statistics show that Lenovo is selling more PCs than ever and its global market share is growing. It's also closing in on Apple for the No. 3 spot in U.S. sales. But former No. 1 HP is surging, with a global growth rate twice that of Lenovo.
In the first of three special reports, analysts at Technology Business Research offer a detailed analysis of what is likely to happen across the data center industry. Transformation will reach "unprecedented levels" in a market were Red Hat, Cisco, NetApp, IBM, Lenovo, Oracle and many others are major players. And each of the mentioned firms has a major presence in the Triangle. WTW Insiders can read the details.
Lenovo, its work force swollen by several thousand employees after two major acquisitions in 2014, is offering buyouts to veteran workers. The world's No. 1 PC manufacturer says the offers are voluntary and includes several business units.
Lenovo in recent years has turned the International Consumer Electronics Show in Las Vegas into one big party - from award-winning products to champagne-laced kickoffs. But today rain fell in the form of news that Lenovo is offering buyouts to veteran employees. While execs celebrate in Vegas, workers are mulling whether to take the money of a buyout and run or face the possibility of being laid off.
North Carolina State University economist Dr. Michael Walden says the buyouts being offered by Lenovo reflect the "stressful environment" businesses face and the "stressful" labor market workers must deal with. We have the details for our WTW Insiders.
The International CES show in Las Vegas this week isn't typically a major forum for mobile products, as many manufacturers wait a month or two for the Mobile World Congress in Barcelona. But it's hard to separate mobile from other technologies these days. Here's a look at some of Monday's highlights.
Watch out, Lenovo. An old enemy is even stronger. Lenovo recently grabbed third place in the global smartphone marketplace after closing on its Motorola Mobility acquisition. But the tech giant faces an even stronger threat from China-based Xiamoi, which has just raised $1 billion and is aiming to retake that third spot.
Trending in the Triangle: Get the pulse of technology in the Triangle with the best in local technology, venture, biotech, and life science news on Wednesday, Dec. 10, 2014 as curated by @WRALTechWire.
Lenovo, the world's No. 1 PC manufacturer, is recalling 500,000 power cords in the U.S. and another 44,000 in Canada due to a power hazard. The U.S. Consumer Product Safety Commission issued the recall Tuesday.
Lenovo to top Samsung in mobile computing; AT&T offers VR headsets; regulators OK Duke Energy solar projects; IBM idea to power poor villages; Red Hat downgrade
In today's roundup of technology news: Lenovo to pass Samsung for No. 2 in mobile computing sales, report says; AT&T offering virtual reality headsets; Duke Energy wins regulatory approval for three solar projects; IBM says use old laptop batters to power poor villages; and Red Hat stock gets a downgrade.
Lenovo just didn't buy IBM's x86 server business to sell hardware, which is a low-margin business as are PCs. Rather, the world's top PC maker has an eye on selling high-margin services. Proof: A new initiative to build 50 "cloud" computing centers in China and to train some 1,000 workers on delivering services. Plus, its lineup of apps is growing.
Lenovo, with deep U.S. roots it acquired in buying IBM's PC business nearly a decade ago, shows a continuing commitment to U.S. military veterans - men and women - and their children with a series of events this Veterans Day.
With its PC growth continuing and margins expanding, Lenovo now has Motorola on board for more mobile device growth. Next comes servers as the world's No. 1 PC maker and No. 3 smartphone seller takes aim at Dell and HP with IBM's x86 group as part of its arsenal. Analyst Jack Narcotta of Technology Business Research likes what he sees.
Rumors have circulated for months that Lenovo is interesting it buying BlackBerry. And with the big IBM and Google Motorola Mobility deals closed, perhaps it's time to shop again. But BlackBerry's CEO says he met with Lenovo's top exec to talk partnership, not a sale.
Lenovo Group, the world's biggest personal computer maker, says its latest quarterly profit rose 19 percent, driven by sales growth outside its home China market. However, shares fell 5 percent as results disappointed some investors.
Inside Lenovo: With the acquisition of Motorola complete, Lenovo will assume the leading role in emerging smartphone markets, writes analyst Jack Narcotta of Technology Business research.