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Lenovo Group Ltd (LNVGY.PK)

LNVGY.PK on OTC Markets Group

10.56USD
25 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Lenovo Group updates on services agreement
Thursday, 25 May 2017 08:19pm EDT 

May 26 (Reuters) - Lenovo Group:Continuing connected transactions with NEC .reference is made to announcements dated January 27, 2011 in relation to formation of JVCO with NEC pursuant to business combination agreement.it is currently contemplated that products and brand agreements and transitional services agreement will be renewed upon expiry.  Full Article

Lenovo Group qtrly profit attributable $98 mln
Wednesday, 15 Feb 2017 11:04pm EST 

Lenovo Group Ltd <0992.HK>: Qtrly profit attributable $98 mln versus $300 mln . Qtrly gross profit margin 13.1 pct versus 14.6 pct . Qtrly group revenue of $12.17 bln versus $12.91 bln ."For mobile business, group will extend its foothold in smartphone market outside China".  Full Article

Development Bank of Japan considering taking up to 10% interest in Fujitsu, Lenovo JV - Nikkei
Friday, 7 Oct 2016 01:23pm EDT 

: In addition to necessary funding, the DBJ could offer expertise in business turnaround to proposed JV between Fujitsu's PC business and Lenovo Group - Nikkei .Development Bank of Japan considering taking up to 10% interest in proposed JV between Fujitsu's Personal Computer business and China's Lenovo Group - Nikkei.  Full Article

Japan's Fujitsu: Considering various options for its PC business
Wednesday, 5 Oct 2016 08:09pm EDT 

Japan's Fujitsu Ltd <6702.T> says: report about its PC business not something it announced .considering various options for its PC business.  Full Article

Japan's Fujitsu: Considering various options for its PC business<0992.HK><6702.T>
Wednesday, 5 Oct 2016 07:57pm EDT 

Japan's Fujitsu Ltd <6702.T> says: report about its PC business not something it announced .considering various options for its PC business.  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

Photo

After roads and railways, China's Silk Road dealmakers eye financial firms

HONG KONG After ports and industrial parks, the dealmakers leading China's trillion-dollar push to build a modern Silk Road are turning to the financial sector, targeting Europe's banks, insurers and asset managers to tap funds and expertise.