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Lenovo 3Q Gets Boost from More Sales Outside China

November 6, 2014 8:34 am | by Associated Press | News | Comments

Lenovo, with headquarters in Beijing and in Research Triangle Park, North Carolina, is in the midst of a multibillion-dollar effort to expand beyond...                 

Lenovo Says Hello to Moto as Acquisition from Google Closes

October 30, 2014 8:11 am | by Andrew Berg | News | Comments

Lenovo said that Google will maintain ownership...

Report: Lenovo Crafting Bid for BlackBerry

October 20, 2014 12:27 pm | by Andrew Berg | News | Comments

BlackBerry stock got a nearly 8 percent bump in...

Lenovo Creating New Smart Devices Company Focused on China

October 15, 2014 11:39 am | by Ben Munson | News | Comments

Lenovo today announced it is creating a new...

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Samsung Profits Fall 60 Percent on Mobile Business Decline

October 7, 2014 10:03 am | by Ben Munson | News | Comments

Samsung today issued pre-earnings guidance for its upcoming third quarter and projected an operating profit of $3.8 billion off of nearly $43.9 billion in sales. As Reuters points out, Samsung’s profit guidance represents a 60-percent drop year-over-year and falls well short of analysts’ estimates of $5.2 billion.

Lenovo Gets Approval for Acquisition of IBM Server Business

September 29, 2014 9:23 am | by Joe McDonald, AP Business Writer | News | Comments

The latest acquisition includes IBM's System x, BladeCenter and Flex System blade servers and switches, x86-based Flex integrated systems, NeXtScale and iDataPlex servers and associated software, blade networking and maintenance operations.                  

IBM Gets Regulatory Blessing for Sale of Server Business to Lenovo

August 18, 2014 9:23 am | by Andrew Berg | News | Comments

IBM today announced that it had received final regulatory approval for the sale of its server business to Lenovo. According to a statement on the company's website, the Committee on Foreign Investment in the United States (CFIUS) has finished its review of the divestiture of IBM's x86-based server business to Lenovo. 

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Smartphones Boost Lenovo Profits by 23%

August 14, 2014 8:56 am | by Joe McDonald, AP Business Writer | News | Comments

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. The company said it earned $214 million, or $2.06 per share, in the three months ended June 30. Global revenue rose 18 percent to $10.4 billion.

FirstNews Briefs: Vuzix, Lenovo, Motorola, ZTE, TIM Brasil, PhysIQ

July 24, 2014 10:07 am | by Wireless Week Staff | News | Comments

Vuzix Corporation, a supplier of video eyewear and smart glasses products in the consumer, commercial and entertainment markets, today announced it has signed a major deal with Lenovo to launch the M100 Smart Glasses into China. The wearable product offering will be co-branded as a Vuzix/Lenovo solution and will be marketed across China as part of Lenovo's New Business Development brand.

Moto E Promises A Smartphone for All at $129

May 13, 2014 9:43 am | by Andrew Berg | News | Comments

The 3G-capable Moto E comes running Android KitKat 4.4.2 and features a dual-core Snapdragon 200 CPU, 1GB of Ram, a 4.3-inch display and a 5-megapixel camera. The phone also features interchangeable backs, which the company is calling "Motorola Shells." The shells add durability to the phone and come in 20 color and design combinations. 

Huawei Bringing New Ascend P7 to U.S.

May 7, 2014 10:53 am | by Andrew Berg | News | Comments

Huawei Wednesday unveiled its latest flagship smartphone, the Android-based Ascend P7. The new device continues the Chinese company's efforts to enter the higher end of the smartphone market. The P7 features a 5-inch HD display, 8-megapixel front-facing and 13-megapixel rear-facing cameras, and the latest Emotion UI 2.3. 

Apple, Samsung Continue Dominance as Lenovo, Huawei Gain Share

April 30, 2014 11:05 am | by Andrew Berg | News | Comments

Huawei, Lenovo and LG have all managed to sell more smartphones than they did last year in the first quarter. According to new numbers from IDC, Huawei kept its third place position worldwide, beating out Lenovo by fewer than a million units. Huawei  hopes to sell 80 million smartphones globally in 2014. 

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China Mobile 1Q Profits Take Hit on iPhone Subsidies

April 22, 2014 9:59 am | by Andrew Berg | News | Comments

China Mobile saw profits drop for a third straight quarter on the impact of iPhone subsidies and cthe continued expansion of its TD-LTE network. The world's largest carrier saw first quarter net income fall to approximately $4 billion, on $25 billion in total revenue. 

Motorola Mobility Taps Osterloh for COO Spot

April 10, 2014 9:16 am | by Andrew Berg | News | Comments

Motorola Mobility has appotined Rick Osterloh as its new Chief Operating Officer. Olsterloh is an internal candidate who has been leading product management at Motorola over the past two years. He's been with the company for seven years and came along with Motorola's...

Lenovo Buys LTE, 3G Patents From NEC

April 8, 2014 10:33 am | by Ben Munson | News | Comments

Lenovo has quietly bought from NEC a portfolio containing 3,800 patent families, some covering LTE and 3G mobile technologies. Lenovo’s patent deal with NEC comes just two weeks after the Chinese computer giant announced it had paid $100 million to Unwired Planet for a portfolio of patents covering LTE and 3G technologies.

Lenovo Snaps Up Mobile Patents in $100 Million Deal

March 21, 2014 2:42 pm | by Ben Munson | News | Comments

Lenovo is buying a patent portfolio for Unwired Planet in a cash deal valued at $100 million. The 21 patents touch on 3G and LTE as well as other mobility technologies. Under the terms of the agreement, Lenovo is licensed to Unwired Planet’s intellectual property portfolio for multiple years, according to a press release.

Woodside Leaving Motorola, Heading to Dropbox

February 13, 2014 1:50 pm | by Andrew Berg | News | Comments

Motorola Mobility CEO Dennis Woodside has confirmed that he's leaving the company and heading to cloud storage provider Dropbox. In an open letter posted on Motorola's website, Woodside said he will step down at the end of March and move to a position as Chief Operating Officer at Dropbox. 

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Lenovo Profits Rise 30% on Smartphone Growth

February 13, 2014 10:48 am | by Joe McDonald, AP Business Writer | News | Comments

Computer maker Lenovo Group reported Thursday that quarterly profit rose 30 percent to a record high on strong smartphone sales and said its acquisition of the Motorola Mobility smartphone business will accelerate its global expansion. Profit for the three months ended Dec. 31 was $265 million...

Friday Flick: Lenovo the Smartphone Maker

January 31, 2014 11:18 am | Videos | Comments

Here's a quick look at the Lenovo's first smarpthone, the Vibe Z. With this weeks annoucement that the company has agreend to acquire Motorola's handset business from Google for $3 billion, it's easy to wonder where things will go from here. Check it out.  

Lenovo Third-Largest Smartphone Vendor with $3B Motorola Buy

January 30, 2014 10:01 am | by Andrew Berg | News | Comments

Google Wednesday announced that Lenovo has agreed to acquire Mototola's handset division for $2.91 billion, a fraction of the $12.4 billion Google paid for the business back in 2011. According to a press release the purchase price includes $1.41 billion paid at close, comprised of $660 million in cash and $750 million in Lenovo ordinary shares.

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