yang yuanqing

Lenovo CEO: ‘We have passed most difficult period,’ must become a ‘starved’ beast

Posted by WRAL TechWire | Apr 11, 2018

Lenovo assembled some 1,000 of its troops on Tuesday to kick off its series of annual team meetings around the world – and they heard words meant to reassure them from CEO ahd Chair Yang Yuanqing.

Report: ‘Lenovo’s downward spiral may not be over yet’

Posted by WRAL TechWire | Feb 28, 2018

The outlook is grim for global tech giant Lenovo, reports Bloomberg News with analysts saying shareholders should sell after concluding they don’t see much of a chance for a turnaround. Even its chairman is grim.

Lenovo reports $289M quarterly loss, takes $400M charge for US tax reform

Posted by WRAL TechWire | Feb 1, 2018

Lenovo revenues climbed to a three-year fourth quarter best of $12.94 billion to close out 2017 but the technology giant still took a $289 million loss after taking a $400 million charge it linked to changes in U.S. tax law.