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Lenovo Group Ltd (LNVGY.PK)

LNVGY.PK on OTC Markets Group

25 Oct 2016
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$0.02 (+0.15%)
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Latest Key Developments (Source: Significant Developments)

Fujitsu plans to hand over reins of its personal computer operations to Lenovo group - nikkei
Wednesday, 5 Oct 2016 01:32pm EDT 

Nikkei: Fujitsu plans to hand over the reins of its personal computer operations to Lenovo group -nikkei . Fujitsu, Lenovo group aim to reach a deal this month - nikkei . One proposal for deal would have Fujitsu group transfer its PC design, development and manufacturing operations to a Lenovo-led joint venture - nikkei . about 2,000 Fujitsu ltd's employees likely would move under Lenovo group ltd - nikkei .Another deal option involves Lenovo taking a majority stake in Fujitsu's pc subsidiary- nikkei.  Full Article

Lenovo group updates on disposal of the entire equity interests in a subsidiary
Friday, 30 Sep 2016 05:59am EDT 

Lenovo Group <0992.HK> : Vendor, a wholly-owned subsidiary of company, entered into share transfer agreement with purchaser . Proceeds shall be used to repay shareholder's loan to vendor in full upon completion . Agreement in relation to sale and purchase of entire equity interests of target companylianchuang ruiye (beijing) asset management . Net proceeds from disposal is estimated to be approximately rmb1,696 million . Deal at an aggregate consideration of rmb1.78 billion .Gain arising from disposal is estimated to be approximately rmb1.381 billion.  Full Article

Lenovo will load Microsoft's Office, Onedrive,Skype on select devices running Android operating system
Monday, 22 Aug 2016 07:00pm EDT 

Microsoft : Lenovo and Microsoft deepen strategic ties across devices . Collaboration between Microsoft and Lenovo also includes a patent cross-licensing agreement that covers Lenovo and motorola devices .Lenovo will load Microsoft's apps including Office, Onedrive and Skype on select Lenovo devices that use Android operating system.  Full Article

Yonder & Beyond says Beyond Media entered into agreement with Lenovo<0992.HK>
Thursday, 18 Aug 2016 07:19pm EDT 

Yonder & Beyond Group Ltd: Yonder & beyond group ltd - beyond media announces deal with Lenovo .Media is currently in the process of signing up content partners for the launch of the content platform for Lenovo.  Full Article

Lenovo Group posts quarterly net profit of $173 mln<0992.HK>
Wednesday, 17 Aug 2016 07:58pm EDT 

Lenovo Group Ltd <0992.HK>: FY2016/17 first quarter results announcement <0992.hk> . Qtrly revenue $10.06 billion vs $10.72 billion . Qtrly gross profit margin 15.3 pct vs 15.4 pct last year . Qtrly net profit $173 mln vs $105 million a year ago . Qtrly revenue of group's PC and smart device business was US$6.992 billion, decline of 7 percent . Qtrly revenue of mobile business decreased 6 percent year-on-year to US$1.71 billion . "Remains confident it will continue to deliver profitable growth in pcs over time" .  Full Article

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


EU court adviser backs Intel fight against record EU fine

LUXEMBOURG/BRUSSELS Intel's fight against a record 1.06 billion euro ($1.16 billion) EU antitrust fine received a boost on Thursday when a top Europe court adviser questioned whether the U.S. chipmaker's actions had really harmed competition.