Posts tagged “PC industry”
Tech giant HP made news Thursday by disclosing the $2 billion-plus sale of a server business in China, but the latest earnings report shows revenue declines at each of its business units year-over-year. Technology Business Research takes a look at what's happening as HP nears a split into two groups.
Lenovo, its income driven up 20 percent over the past year due in part to $5 billion in acquisitions, didn't deliver on the amount of profit financial analysts had forecast in its annual financial report issued early Thursday.
If only one thing has become clear to most observers about Lenovo's top executive Yang Yuanqing since the company bought IBM's PC business a decade ago, it's this: He's always on the attack, looking to grow the world's No. 1 PC manufacturer. His new target of opportunity: What he calls the "social mobile Internet." And that means continuing change for the company, which already has diversified into a global powerhouse.
The world of "cloud computing" has been hit by another serious security vulnerability called "Venom." Raleigh-based Red Hat warns that "all" of its products that include a particular open source tool are vulnerable.
Lenovo is putting on a star-studded "Tech World" event in Beijing later this month with the CEOs of Intel, Microsoft and Baidu delivering keynote addresses along with Lenovo chair and CEO Yang Yuanqing.
As IBM continues its shift to "cloud computing" applications and development with projects such as Watson and away from hardware, its campus in RTP could be a key to that evolution. Proof in part is Big Blue's decision to open its first cloud computing lab, or "dojo," in RTP where the focus is on open source, collaborative application development.
Consumer Reports notes that Lenovo's award-winning, "superlight" coveraible laptop LaVie Z is being shipped with "some flaws." Buyers are being offered a 5 percent discount. The laptop was a huge hit at the Consumer Electronics Show in January.
Lenovo, the world's No. 1 PC manufacturer, is wearing another technical black eye this week after the disclosure of a serious security risk discovered by an outside research firm. It's the second time in recent months that Lenovo has taken a blow to its reputation.
Lenovo is celebrating today the 10th anniversary of the deal through which it acquired IBM's Triangle-based PC business. In a blog, Chairman and CEO Yang Yuanqing recalls highlights of the past decade and looks to the future.
Lenovo is celebrating the 10th anniversary of its IBM PC business sale this week across the Triangle. The company once known as Legend when launched in China has turned that deal into the world's No. 1 PC manufacturer. But reports also show that Lenovo can celebrate growth in two other markets: Tablets and smartphones.
The iPhone is still the engine behind Apple's phenomenal success, even if attention lately has been focused on its new smartwatch. And Wall Street media was raving Monday evening after Apple reported its latest strong quarter.
Duke University's research efforts into the benefits and uses of "big data" - launched with great fanfare and $50 million two years ago - is getting another big boost with nearly $10 million of additional funding.
Analysis: VMware's most recent earnings report last week shows that the EMC-owned company is clearly at a tipping point between its core virtualization business and the growing trend across the tech sector toward cloud computing, says analyst Andrew Smith of Technology Business Research. Raleigh-based Red Hat is among the threats VMware faces.
Lenovo, the world's No. 1 PC manufacturer, has expanded a recall of battery packs for ThinkPad Notebooks due to a fire hazard. It's the second recall for these batteries in the past 14 months - but this one is 10 times larger. In December, Lenovo had to recall 500,000 power cords.
Analysis: Raleigh-based ShareFile is a source of strength for Citrix, but the tech giant continues to struggle as indicated in its quarterly earnings report Wednesday despite a major restructuring. "Technology Business research believes it is critical that Citrix continues to manage costs in order to minimize negative impacts to its profitability while it weathers the transition," writes analyst Andrew Smith.
Analysis: Intel's data center business drives corporate profitability amid the firm's ongoing realignment and as PC industry woes drag down chip sales, reports Stephen Belanger of Technology Business Research.
PC sales are plunging worldwide, but not at Lenovo. The world's No. 1 computer manufacturer widened its hold on the top sales spot in the first quarter, driving up sales and market share, two reports show. Lenovo also is continuing to gain share in the U.S.
Citrix has said its recent restructuring led to just a few layoffs at its big ShareFile operation in that spiffy new Raleigh headquarters. But across the company, a host of changes set in motion by the need to cut costs also cost the company in sales - big time - says its CEO.
Analysis: The release of Amazon Machine Learning, a service that allows developers and enterprises to more easily integrate data-driven insight into applications. This announcement holds tremendous upside, connecting AWS at the core of emerging trends like big data, Tnternet of things, and advanced analytics.