Posts tagged “Lenovo”
Lenovo has named a new leader for its struggling Triangle-based server group and a new top executive for its mobile business. It's also appointed a new chief legal officer and chief technology officer in a series of executive appointments disclosed early Thursday.
As PC, smartphone and server sales fell, Lenovo's revenues fell 8 percent to $11.2 billion from a year ago but the global tech company made a profit of $157 million, topping analysts' expectations of $138 million. Lenovo also makes some management changes.
Lenovo early Thursday disclosed three new leaders to its top-level management team: The leader for its Triangle-based data center group, the chief legal officer, and chief technology officer.
The world's largest PC manufacturer reports quarterly financials on Thursday, and a number of analysts are expecting Lenovo to report big drops in sales as well as profits. However, research firms stay positive about the stock.
The Phab 2 Pro, Lenovo's first self-branded smartphone in the US, went on sale today, offering augmented reality and 3D capabilities. And two tech news site gives it high marks.
Did you see the Lenovo smartphone ad during the World Series? Lenovo is trying to spark new life in its ailing smartphone business with a new powerful phone nicknamed "Kung Fu" and other new devices.
Lenovo is now selling its first Lenovo-branded smartphone in the U.S. and is preparing to launch the first augmented reality phone on Nov. 1, the company confirms. The new "Phab" devices are part of Lenovo's efforts to turn around its struggling phone business.
Analysis: The latest earnings report shows that Fujitsu's revenue remains in decline, as the vendor considers bold moves to modernize its portfolio. Its PC talks with Lenovo are among possible moves the tech giant is considering.
Lenovo, the world's top PC manufacturer, could be growing a bit bigger by adding Japan-based Fujitsu's computer business. The talks come as Lenovo faces increasing competition in sales, especially from rival HP which nearly surpassed Lenovo in sales in the third quarter of this year. PC sales continue to shrink globally.
A recent report from the Pentagon's "intelligence directorate" warns against Defense Department use of Lenovo gear, citing cybersecurity concerns. That's according to a story today in the Washington Free Beacon by author and intelligence expert Bill Gertz. A N.C. Congressman says he is concerned about the report.
Lenovo's new Yoga Book, which includes a number of innovations such as flat keyboard and hand-written note taking capability, draws a series of mixed reviews. USA Today calls it "innovative but unsatisfying" while Gizmodo calls it "the future of laptops" - with a caveat.
The crowd had a lot of fun at the very first Google Exchange Pitch Day for Black Founder Entrepreneurs at the American Underground at Main in Durham last Friday. Encouraged to be focal and compete in sections for tee-shirts and other swag, the 250 or so present did so enthusiastically.
CareAcademy, a Boston-based startup providing online training to caregivers for seniors, won the $5,000 cash prize and $8,000 in computer equipment from Lenovo at the Google for Entrepreneurs Pitch Day Exchange Program for Black Founders. It was held at The American Underground at Main in Durham on Friday.
Lenovo awards a Chinese startup ("Big Footprint") the $150,000 first-place prize in an augmented reality hackathon for an app that uses AR to help fit customers for clothing and shoes via a smartphone. Lenovo is scheduled to introduce an AR "phablet" phone next month. An AR smartphone is in development and Lenovo is stepping up AR as well as VR investments, an exec says.
HP nearly caught Lenovo to take the No. 1 spot in worldwide PC sales, but a research analyst deeply involved in the report analyzing the battle says it's too soon to see a pro-HP trend. At the same time, the analyst warns, Lenovo could gain further strength in U.S. - the biggest bright spot for the company.
Lenovo's lead in the world PC market is so thin it could be called angel-hair pasta thin. The tech giant stretches its No. 1 PC seller in-the-world-streak to three years - but just barely. Hard-charging HP nearly topples Lenovo from the top spot in the third quarter, new statistics show. Only growth in the U.S. keeps Lenovo ahead as its overall sales decline.
The continuing decline in global PC sales has gone on for so long and gotten so bad that research firm Gartner says a lot of people may never buy a PC again. But Lenovo, the world's sales leader, still believes in a PC future, its No. 2 exec says, even as an industry-rattling shift to smartphones and other mobile devices continues.
The leader of commercial sales for Lenovo's North America operations is leaving the company. The departure means more responsibility for Emilio Ghilardi, Lenovo's president for North America operations. Frey had promised major changes in sales and marketing for servers. Frey had replaced long-time IBM and Lenovo exec Tom Looney.
Fujitsu says it's talking with Lenovo about a sale of its PC division to the world's top computer manufacturer. But there are other options on the table, Fujitsu adds. Shares in both companies rally on the report.