Edition:
United States

Lenovo Group Ltd (0992.HK)

0992.HK on Hong Kong Stock

5.08HKD
26 Jul 2016
Change (% chg)

HK$-0.05 (-0.97%)
Prev Close
HK$5.13
Open
HK$5.11
Day's High
HK$5.24
Day's Low
HK$5.04
Volume
105,698,450
Avg. Vol
71,692,169
52-wk High
HK$9.10
52-wk Low
HK$4.49

Latest Key Developments (Source: Significant Developments)

Lenovo and U.K.-based Hartree Centre to advance energy-efficient computing
Tuesday, 17 Feb 2015 09:00am EST 

Lenovo Group Ltd:Enters into a joint research project with the Science and Technology Facilities Council's (STFC) Hartree Centre, focused on improving the energy-efficiency of high-performance computing systems.The Hartree Centre is a research collaboration between STFC's Scientific Computing Department and business, and focuses on bringing together the U.K.'s foremost facility dedicated to high-performance computing teamed with world-renowned experience and expertise.For this project, the Hartree Centre is researching the challenges of power consumption in computing and the performance effects of scale-out versus scale-up systems given a defined power budget.Hartree will also be developing software intellectual property and defining best practices regarding ARM-based server deployments.While ARM technology has shown promise, the biggest hurdle to overcome is the build-out of an ecosystem to support a production environment.As part of this collaboration, Lenovo is developing an ARM-based server prototype as an extension to their popular dense computing platform NeXtScale.  Full Article

Lenovo Group Ltd announces strategic alliance with Zenoss to improve IT service delivery
Thursday, 15 Jan 2015 10:00am EST 

Lenovo Group Ltd:Says strategic alliance with Zenoss, company in unified monitoring and analytics, to help enterprises and service providers improve IT service reliability, responsiveness and operational efficiency.With this agreement, Lenovo and Zenoss will extend the Zenoss Resource platform by adding ZenPack plug-in to Lenovo's lineup of x86 servers.  Full Article

China Information Technology Inc Announced Strategic Cooperation with Lenovo Group Ltd
Wednesday, 7 Jan 2015 06:00am EST 

China Information Technology Inc:Entered into a strategic cooperation agreement with Lenovo Group Ltd.According to the agreement, the company was designated by Lenovo as an authorized distributor of smart education terminals integrating CNIT software and cloud platform and Lenovo hardware including servers, laptops and tablet PCs for the Chinese market.  Full Article

Fixnetix selects Lenovo servers for Global Bank Customer
Thursday, 13 Nov 2014 11:49am EST 

Lenovo Group Ltd:Says that Fixnetix, a managed service provider (MSP), choose Lenovo as its x86 server technology partner for its managed services contract at one of the global banks.Estimated $3.5 mln deal, includes 700 System x3650 M4 servers, upgraded maintenance and flexible financing.  Full Article

Lenovo Group Ltd announces interim dividend
Wednesday, 5 Nov 2014 11:29pm EST 

Lenovo Group Ltd:Says that it has declared an interim dividend of HK$6 cents per share.  Full Article

Lenovo Group Ltd completes acquisition of Motorola Mobility from Google
Thursday, 30 Oct 2014 06:10am EDT 

Lenovo Group Ltd:Says acquisition of Motorola Mobility from Google is complete.Says acquisition of Motorola brand and Motorola's portfolio of smartphones like Moto X, Moto G, Moto E and DROID series, as well as future Motorola product roadmap, positions Lenovo as third largest maker of smartphones.Lenovo will operate Motorola as wholly-owned subsidiary.  Full Article

Lenovo Group Ltd advances ThinkPad mobile workstation software solution
Tuesday, 28 Oct 2014 12:00pm EDT 

Lenovo Group Ltd:Says its ThinkPad W540 mobile workstation will be used by Landmark, a Halliburton business line, to support Landmark's DecisionSpace G1 Edition solution for geoscientists.Lenovo and Landmark will provide users with the ability to perform resource-intensive geoscience workflows using the mobile workstation.  Full Article

Socialbakers announces social health index in partnership with Lenovo Group Ltd
Thursday, 23 Oct 2014 09:00am EDT 

Socialbakers:Announced the Social Health Index, developed in partnership with Lenovo Group.Says it provides brands with a single assessment of their social marketing performance across platforms, allowing them to easily measure and compare their entire social footprint in relation to their competitors over time.  Full Article

Lenovo Group Ltd announces extension of term of the joint venture with NEC Corporation
Tuesday, 7 Oct 2014 04:20am EDT 

Lenovo Group Ltd:Reference is made to announcements of Lenovo Group Limited dated Jan. 27, 2011 and April 21, 2011 in relation to the formation of JVCo with NEC pursuant to Business Combination Agreement; and.The continuing connected transactions under CCT agreements.Unless otherwise expressly defined, capitalized terms used in this announcement shall have same meanings as defined in announcements.Board announces that, given established business relationship between company and NEC, and mutual business development needs, company and NEC agreed to extend term of the joint venture beyond 5 years.On Oct. 7, relevant parties entered into various amendment agreements to Business Combination Agreement, Shareholders Agreement and certain agreements governing existing continuing connected transactions to reflect such intention.The JVCo is owned as to 51 pct by Lenovo BV and 49 pct by NEC.  Full Article

Lenovo Group Ltd completes initial closing for acquisition of IBM's x86 Server business
Wednesday, 1 Oct 2014 12:20am EDT 

Lenovo Group Ltd:Announces that they have completed the initial closing for Lenovo's acquisition of IBM's x86 server business under the terms described in their announcement on Sept. 29.Says as part of the agreement, Lenovo and IBM have also established a strategic alliance where Lenovo will serve as an Original Equipment Manufacturer (OEM) to IBM and will resell select products from IBM's industry-storage and software portfolio.Says the transition will begin in countries that are part of the initial closing.Says the transaction is expected to close in other countries later this year, with the few remaining countries following in early 2015.  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