Posts tagged “PC industry”
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.
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?
Lenovo's Yang Yuanqing steals the headlines at the Mobile World Congress by vowing to quickly turn around money-losing Motorola Mobility after its $2.9 billion deal with Google closes. However, Motorola Mobility makes its own news by announcing a new smartphone and shows some moxie with a smartwatch while deeming rival products as "extremely ugly."
Just a year ago, Lenovo helped launch a new security organization called Fast IDentity Alliance, or FIDO, in an effort to improve authentication - perhaps even replacing passwords. On Wednesday, Lenovo stepped up its commitment by investing in Nok Nok Labs, a startup that helped launch FIDO.
The world's No. 1 PC maker is determined to become an even larger player in the mobile communications space. And that effort is being displayed at the Mobile World Congress in Barcelona with a barrage of new product and software announcements. Note: We've updated our report with more details on the new "S" phones.
Analysis: Jack Narcotta of Technology Business Research says HP has some advantages over Lenovo in the battle for PC and server infrastructure - at least for now. Converged solutions are crucial, he says.
HP has lost the world's No. 1 PC mantle to Lenovo and faces the potential of increased competition in the server market as IBM sells its x86 server business to the PC leader. But Meg Whitman, 2 1/2-years into her turnaround role at HP, is on the attack as HP regains its footing.
Chief Executive Officer Meg Whitman is trying to reshape the 75-year-old company, which is headed for a third straight annual sales decline as the personal-computer market shrinks. Hewlett-Packard may be picking up orders for servers, the powerful machines that store and dish out data, as International Business Machines Corp. leaves the market by selling the unit to Lenovo Group Ltd.
Lenovo's sales climbed 15 percent to $10.8 billion, beating estimates of 19 analysts compiled by Bloomberg. Net income climbed to $265.3 million, topping average of 12 analysts' estimates. Its chairman and CEO used the news announcement as an opportunity to defend Lenovo's $2.9 billion acquisition of Motorola Mobility.
In a conference call to discuss Cisco's latest earnings report, Chairman and CEO John Chambers took the opportunity to deliver one of his sermons about what he envisions the "Internet of Everything." He sees the IoE as a multi-trillion dollar opportunity, once which he says can make Cisco "the number one IT company."
Analysis: NetApp, which operates a huge campus in Research Triangle Park, continues to drive profitability despite ongoing hardware commodization and aggressive competitor pricing. How? Analysis firm Technology Business Research offers its take.
Red Hat drove the Linux operating system worldwide and in the process became the leading open source developer. Now as recent deals continue to show the Hatters are taking the same "open" philosophy to the cloud. By offering free "test drives" on Amazon's cloud, Red Hat is taking its RH Enterprise Linux model that made RHEL a dominant force on Wall Street to the heavenly realm of shared hardware and on-demand services.
In its continuing drive to capitalize on opportunities presented by the rush of businesses to "cloud computing," Red Hat (NYSE: RHT) is forming a formal partnership with Hortonworks, one of the leading providers of essential cloud software known as Hadoop. Cary-based SAS already is a Hortonworks partner.
Emerging markets in Africa are the latest targets for growth by Lenovo and IBM. Lenovo is rolling out smartphones in new markets. Meanwhile, IBM plans to invest $100 million in "Watson" supercomputer efforts.
Sony Corp. unexpectedly forecast a $1.1 billion annual loss and will cut 5,000 more jobs as Chief Executive Officer Kazuo Hirai widens his restructuring plan in the face of shrinking demand for TVs and computers.
Tuesday's hiring of Nadella as Microsoft's CEO after a five-month search is a safe move that's likely to be greeted with sighs of relief around the company's Redmond, Wash. headquarters, industry analysts say. But the methodical, almost predictable decision is likely to reinforce perceptions that Microsoft Corp. is a plodding company reluctant to take risks as it competes against younger rivals who relish going out on a limb.
Dude Solutions was an unknown, bootstrapped Cary startup 14 years ago. Now the facilities management software firm is infused with $100 million in private equity investment. WRALTechWire Insiders can find out why the company accepted the Warburg Pincus investment and how it will use the money.
Microsoft has named Satya Nadella chief executive officer, tapping an insider steeped in business technology to speed a turnaround at the tech giant. Also, Bill Gates, the company's first CEO, will step aside as chairman and devote more time to product development, while remaining on the board and running his philanthropic foundation.