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Lenovo Group Ltd (0992.HK)

0992.HK on Hong Kong Stock

4.47HKD
23 Nov 2017
Change (% chg)

HK$0.03 (+0.68%)
Prev Close
HK$4.44
Open
HK$4.41
Day's High
HK$4.52
Day's Low
HK$4.40
Volume
42,746,185
Avg. Vol
53,021,988
52-wk High
HK$5.40
52-wk Low
HK$4.10

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Thu, Nov 2 2017

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Lenovo buys controlling stake in Fujitsu PC unit; second-quarter profit drops

HONG KONG Lenovo Group has agreed to buy a majority stake in Fujitsu Ltd's personal computer unit for up to $269 million, in a bid to corner a larger share of a market that is battling weak sales as more people switch to mobile devices.

UPDATE 2-Lenovo buys controlling stake in Fujitsu PC unit; Q2 profit drops

* Says market conditions to remain challenging in short term (Adds CEO, analyst comments, updates share movement)

BRIEF- Fujitsu says strategic alliance with Lenovo Group and Development Bank of Japan

* Says it signs a strategic alliance with Lenovo Group Limited and Development Bank of Japan Inc, on Nov. 2, on PC business

BRIEF-Lenovo Group to buy 51 pct of Fujitsu Client Computing

* Proposed Joint Venture In Respect Of Fujitsu Client Computing Limited

BRIEF-Lenovo Group's Q2 profit attributable down 11 pct

* Q2 ‍group profit attributable to equity holders of company of us$139 m​

China's Lenovo Q2 profit slides 11 pct y/y, but beats estimates

HONG KONG, Nov 2 Chinese personal computer maker Lenovo Group on Thursday reported an 11 percent profit drop in second-quarter profit, hurt by supply constraints and continued difficulty in the PC market.

BRIEF-Lenovo Group and Union Star entered into subscription agreement

* Company and Union Star Limited entered into subscription agreement

Lenovo settles charges it sold laptops with compromised user security

WASHINGTON Lenovo Inc, a major laptop maker, has agreed to pay $3.5 million and make changes in how it sells laptops in order to settle allegations it sold devices with pre-loaded software that compromised users' security protections.

Lenovo settles charges it sold laptops with compromised user security

WASHINGTON Lenovo Inc, a major laptop maker, has agreed to pay $3.5 million and make changes in how it sells laptops in order to settle allegations it sold devices with pre-loaded software that compromised users' security protections.

UPDATE 1-Lenovo settles charges it sold laptops with compromised user security

WASHINGTON, Sept 5 Lenovo Inc, a major laptop maker, has agreed to pay $3.5 million and make changes in how it sells laptops in order to settle allegations it sold devices with pre-loaded software that compromised users' security protections.

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