Yang Yuanqing touted Lenovo’s resurgence to profitability as another sign that the tech giant is “passed the turning point” of its recent troubles in a conference call with analysts early Thursday.
Read MoreLenovo by the slimmest of margins has regained the No. 1 spot for PC sales in a new report from global research firm Gartner.
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Microsoft is taking a stab at the cheap tablet market with the Surface Go, a 10-inch iPad competitor.
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Michael Dell and Silver Lake are expected to announce as early as Monday that they have struck a $21.7 billion deal to buy out investors in a special class of shares created in 2016 to help Dell buy the networking company EMC.
Read MoreDespite its central position in two flat markets, personal computers and printing, HP reported double-digit annual revenue growth in both, and double-digit operating profit growth in PCs
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Lenovo can now see the light at the end of the tunnel as PCs continue to be a cash cow, data centers approach profitability, and mobile devices losses steadily shrink.
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RESEARCH TRIANGLE PARK – Global sales of server surged nearly 20 percent in the third quarter of 2017 year-over-year, but Lenovo lost more ground in the battle for dollars as well as market share. IBM, meanwhile, was a big winner. Cisco also grew sales. And Dell outshone all competitors...
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