By Gerry Shih BEIJING (Reuters) – Chinas Lenovo Group said first-quarter profit jumped 23 percent, beating estimates, as a surge in smartphone sales showed how quickly the worlds biggest personal computer maker is transforming itself into a major player in mobile technology. Beijing-based Lenovo said on Thursday net income climbed to $214 million in the […]
BEIJING (AP) — Lenovo Group, the world’s biggest personal computer maker, said Thursday its latest quarterly profit rose 23 percent on strong growth in sales of smartphones and other mobile devices.
Hewlett-Packard Co interim chairman and activist investor Ralph Whitworth will step down on Wednesday to focus on his health, the latest top-level departure from the computer maker as it struggles to return to consistent growth. Whitworth, who will also take a leave of absence from his hedge fund Relational Investors LLC, has stood in as […]
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