Lenovo Group reported a 24% revenue decline for the third quarter, its largest revenue fall in 14 years.
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In four years, Lenovo Group went from would-be Apple challenger to an also-ran in smartphones and data centre servers. Now it’s got a comeback plan, but some investors don’t buy it. China’s erstwhile tech darling
Lenovo Group, which breathed new life into IBM’s PC business, bet that it could do the same with mobile phones and data centres. Now, it’s beginning to look like that gamble is dragging the Chinese manufacturer in the wrong
Lenovo Group posted a surprise quarterly loss after losing its grip on the global PC market, while its smartphone unit continues to bleed money. China’s largest PC maker reported a net loss of US$72m in the three months
Lenovo’s mobile phone business continues to shrink, while its PC division managed anaemic growth in the face of brutal holiday-season competition. The world’s largest PC maker’s profit plummeted more
Lenovo expects its loss-making smartphone business to turn a corner next financial year as it shifts toward higher-end devices and ramps up marketing in the US and China. The world’s largest PC maker
The share price of BlackBerry, the long-suffering smartphone manufacturer until recently known as Research in Motion, leapt higher on Monday on renewed speculation that China’s biggest PC maker, Lenovo, could make a play for the company. BlackBerry’s share price shot
Computer companies are freeing themselves of the “Wintel” (Microsoft-Intel) paradigm that dominated the industry for the past 30 years and, in the process, are opening up opportunities for new product