Edition:
United States

Lenovo Group Ltd (0992.HK)

0992.HK on Hong Kong Stock

5.02HKD
29 Jul 2016
Change (% chg)

HK$-0.03 (-0.59%)
Prev Close
HK$5.05
Open
HK$5.03
Day's High
HK$5.11
Day's Low
HK$5.00
Volume
69,152,776
Avg. Vol
72,366,363
52-wk High
HK$8.87
52-wk Low
HK$4.49

Latest Key Developments (Source: Significant Developments)

NEC to book about 20 bln yen special profit this FY from sale of part of Lenovo NEC Holdings stake
Friday, 1 Jul 2016 02:09am EDT 

: NEC: to book about 20 billion yen ($195 million) special profit this FY from sale of part of Lenovo NEC Holdings stake ($1 = 102.8000 yen).  Full Article

Lenovo Group posts Q4 net profit $180 million<0992.HK>
Thursday, 26 May 2016 04:24am EDT 

Lenovo Group Ltd <0992.HK>: Fy2015/16 annual results announcement <0992.HK> . Q4 revenue $9.13 billion versus $11.33 billion . Qtrly net profit $180 million versus $100 million . Q4 gross profit margin 16.6 percent versus 15.7 percent last year . Board has resolved to recommend the payment of a final dividend of hk20.5 cents per share . Looking forward, the markets where the group is in will remain challenging in the short term . "Group's worldwide smartphone shipments declined 13 percent year-on-year to 66 million due to declines in China and North America" .  Full Article

Smartphone shipments by Apple and Samsung Electronics likely will shrink for the first time in 2016 - Nikkei
Monday, 9 May 2016 01:34pm EDT 

: smartphone shipments by Apple and Samsung Electronics likely will shrink for the first time in 2016 - Nikkei . Nikkei survey estimates worldwide smartphone shipments of slightly more than 200 mln units for Apple, down from roughly 230 mln units in 2015 - Nikkei . smartphone shipments worldwide forecast to reach roughly 1.5 bln units in 2016, growth of 7-8 pct for the year according to survey - Nikkei . survey estimates that samsung is seen falling short of its 2015 total of 320 million units in smartphone shipments worldwide - Nikkei . aggregate shipments by 10 major chinese smartphone makers, including Xiaomi,Lenovo,Zte, are estimated to be 15% up this year to 550 mln units - Nikkei Source (http://s.nikkei.com/1T1mU34) Further company coverage: [005930.KS][AAPL.O][0763.HK][0992.HK] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

Qualcomm and Lenovo sign 3g/4g china patent license agreement
Thursday, 18 Feb 2016 05:00pm EST 

Qualcomm and Lenovo:Have entered into a new 3G and 4G patent license agreement for China, which covers devices marketed by both Motorola and Lenovo.Under the terms of the agreement, Qualcomm has granted Lenovo a royalty-bearing patent license to develop, manufacture and sell 3G and 4G, including 3-mode complete devices.  Full Article

Lenovo expands commitment to supply chain visibility with GT Nexus
Wednesday, 10 Jun 2015 07:00am EDT 

GT Nexus:Says Lenovo has renewed its cloud supply chain commitment to support business growth on the.  Full Article

Cogobuy Group launches strategic cooperation with Lenovo Group Ltd to build intelligent hardware open ecosystem
Thursday, 28 May 2015 10:57pm EDT 

Cogobuy Group:Signs cooperation agreement with intelligent devices and services platform of Lenovo Group Ltd to jointly promote rapid development of intelligent hardware sector and provide best hardware and software services for intelligent hardware entrepreneurs.Says with in-depth cooperation, INGDAN.com and Lenovo will jointly create a new business model and construct an integrated intelligent hardware ecosystem.  Full Article

Lenovo Group Ltd recommends payment of final dividend
Thursday, 21 May 2015 12:19am EDT 

Lenovo Group Ltd:Recommends payment of final dividend of HK$0.205 per share for year ended March 31, 2015 (2014: HK$0.180).Proposed final dividend will be payable on July 14, to shareholders whose names appear on register of members of the company on July 8.  Full Article

Lenovo Group Ltd's Motorola Mobility to pay $10 mln in Fujifilm patent suit
Tuesday, 5 May 2015 12:53am EDT 

Lenovo Group Ltd:Says U.S. jury ordered the company to pay $10.2 mln in damages for using Fujifilm Corp's patented technology in its phones without permission.Says the damages the jury ordered on Monday were lesser than the $40 mln Fujifilm sought while going into the trial, which began on April 20.  Full Article

Connecticut launches probe into Lenovo Group Ltd use of Superfish software - Reuters
Monday, 2 Mar 2015 05:36pm EST 

Lenovo Group Ltd:Connecticut Attorney General George Jepsen's office said on March 2 it has launched an investigation into Lenovo Group Ltd's sales of laptops pre-loaded with Superfish software, which the U.S. government last month warned made users vulnerable to cyber attacks - Reuters.The office said that Jepsen last week sent letters to Lenovo and privately held software maker Superfish asking them to provide information, including contracts and emails that discuss their partnership.Reports that the pre-loaded software tracks users' web searching and browsing for advertising purposes are 'alarming revelations' that suggest Lenovo may have 'seriously undermined computer users' online security and privacy.  Full Article

Lenovo Group Ltd to stop pre-installing controversial software - Reuters
Thursday, 19 Feb 2015 11:34am EST 

Lenovo Group Ltd:Says on Feb 19 it will no longer pre-install software that cybersecurity experts said was malicious and made devices vulnerable to hacking - Reuters.Lenovo had come under fire from security researchers who said earlier on Feb 19 the company pre-installed a virus-like software from a company called Superfish on consumer laptops that hijacked web connections and allowed them to be spied upon.Superfish will no longer be pre-installed and has been disabled on all products in the market since January, when Lenovo also stopped pre-installing the software.  Full Article

BRIEF-NEC to cut holding in PC joint venture Lenovo NEC Holdings B.V.

* Says it will sell 44,100 common shares of JV Lenovo NEC Holdings B.V., on July 28