Posts tagged “PC industry”
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.
If you gave a tablet to someone for Christmas or you received one, you were far, far from alone. A new study from marketing firm eMarketer says there will be more than 1 billion tablet users in the world this year. That's nearly double the number in 2012. However, the rate of growth is slowing.
PCs are coming back, as the International CES show in Las Vegas demonstrates. "For the last couple of years, mobile devices have been the hot commodity," acknowledges Dell executive Neil Hand. "But we're seeing a re-emergence of innovation in the PC space."
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.
Analysis: The decision by Xerox to sell its information technology outsourcing business to Atos is a big boost for the France-based firm, says analysis firm Technology Business Research. The $1 billion deal involves some 4,500 workers in North America, including some in the Triangle. Xerox will keep ITO access through Atos.
'Tis the season for ... nope, not tech gift ideas but forecasts of tech trends for the new year. And consulting firm 451 Research sees six "Cs" - containers, convergence, cloud security, closets, crowd workers, coexistence as the big points of emphasis. Closets? Well, check it out. Containers? This is a technology forecast, after all.
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.
In his analysis of HP's latest earnings report and corporate update, Technology Business Research analyst concludes: HP's short-term results are pressured by strategic reorganization, and the vendor's long-term market positioning remains unclear.
Hewlett-Packard Co.'s latest earnings report shows that despite three years of efforts to turn its business around, the venerable tech giant still has a lot more work ahead.
Analysis: While the service provider and emerging market headwinds will persist for the next several quarters, TBR expects Cisco's revenue growth to accelerate in 4Q14, reaching midsingle digits due to momentum in Switching and continued growth in key segments such as Services, Security and Data Center.
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.
New tablet computers from Amazon and Google both run on Google's Android operating system, but that doesn't mean they work the same. In the new Fire HDX 8.9, Amazon continues a practice of modifying Android extensively to drive you to Amazon services. Google Inc.'s new Nexus 9 offers as pure of an Android experience as you can get -- which means driving you to Google services.
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.
If you were wondering why Red Hat, IBM, Cisco, NetApp and so many other tech firms are so enthralled with "cloud" computing, just follow the data. Cisco's latest "Global Cloud Index" report forecasts hosted data will nearly triple over the next four years to more than 8.6 zettabytes per month. And most of that is going to the cloud, not traditional data centers.
CloudBearing, a privately held Raleigh firm which focuses on Microsoft-based applications to run in cloud computing environments, has been acquired by Comparex, a global information technology firm.
In the name alone, Lenovo declares a new branding strategy from its many acquisitions over the years. "Motorola: A Lenovo Company." So declares the new logo unveiled Thursday as Lenovo formally closed on the $2.9 billion acquisition of the former Google Motorola Mobility. How times have changed since Lenovo bought IBM's PC business a decade ago.