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Posts Tagged ‘Chinas Lenovo Group Ltd’

BEIJING (Reuters) – Lenovo Group Ltd’s recent string of multi-billion-dollar acquisitions will have a negative impact on the Chinese personal computer maker’s performance in the short term, Chief Executive Yang Yuanqing said on Thursday. In a telephone interview after the company’s third-quarter earnings announcement, Yang said that the company will be able to turn around […]

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HONG KONG (Reuters) – Internet search company Google Inc bought a 5.94 percent stake in Chinas Lenovo Group Ltd last month for $750 million, according to a disclosure on the Hong Kong stock exchange. Google acquired 618.3 million Lenovo shares at $1.213 per share on January 30, the stock exchange said late on Thursday. Lenovo […]

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A new CEO typically means a great deal of upheaval and uncertainty for a company, but Microsofts hardware partners appear confident its appointment of Satya Nadella will lead to change for the better. Lenovo CEO Yang Yuanqing leads a charge of congratulatory comments by expressing his companys tremendous confidence in Satyas expertise. We have a long-standing, […]

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