Mary Ma, the senior executive who helped Lenovo become one of the world’s largest tech firms and the No. 1 seller of personal computers, was remembered warmly by Lenovo’s chairman and CEO on Monday after learning that she had died at age 66.
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Shares in Lenovo surged some 11 percent in trading early Thursday after the global tech conglomerate’s latest financials ignited positive interest among investors.
Read MoreOne of the world’s largest PC companies, Lenovo, has pledged to increase the number of women and people of color in executive positions by 2020 after the release of its first-ever global Diversity and Inclusion (D&I) report.
Read MoreLenovo is celebrating its return to the rank as world’s top PC sales leader with quarterly financial results that drove investors to ignite a 5 percent jump in its shares.
Read MoreYang 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.
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Lenovo stock rally after the global tech giant disclosed a surge in its latest quarterly revenue that beat analysts’ expectations. But more reorganization has hit its mobile group.
Read MoreLenovo, which is fighting to restore growth on multiple fronts from smartphones to servers and PCs and could be dragged into a looming trade war between China and the U.S., now is engaged in a bruising political battle across its homeland of China.
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Lenovo is getting a double dose of bad news today, from stocks to hardware.
Read MoreTech giant Lenovo is now “the world’s worst tech stock” as its value continues to drop on a major world stock exchange in Hong Kong.
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