BEIJING (Reuters) – The Chinese Ministry of Commerces anti-monopoly bureau has approved Lenovo Groups proposed $2.3 billion deal to buy IBM Corps low-end server business. The deal, announced in January, is expected to be completed by the end of the year, said Lenovo Chief Executive Yang Yuanqing on Wednesday, but still requires U.S. regulatory approval. […]
Lenovo Group Ltd should not be affected by tensions between Beijing and Washington over the U.S. indictment of five Chinese military officers for cyber-theft against American companies, said Chief Executive Yang Yuanqing in a telephone interview with Reuters on Wednesday. Lenovo agreed to acquire IBM Corps low-end server business and Google Incs Motorola Mobility smartphone […]
BEIJING (Reuters) – Chinese personal computer (PC) and smartphone maker Lenovo Group Ltd aims to sell 100 million smartphones and tablets in the coming year, the company said during a conference call with media on Wednesday. Lenovo also aims to be the world’s number one tablet PC maker within two years, said Chief Executive Yang […]
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