With smartphone upstart Xiaomi recently dethroned in China by competitors Oppo and Vivo, Lenovo Group now also is delivering bad …
Bad News For Lenovo With Sliding Mobile Phone Sales
18 August 2016
Lenovo Begins Major Business Reshuffle Next Week
28 March 2016
It probably hurts to be a manager at Lenovo today. Nearly all of the company's business groups face upheaval in …
China's Huawei Officially Enters PC Market
26 February 2016
Chinese telecom device maker Huawei announced in Spain that the company has officially entered the PC sector by launching its …
Most Chinese Still Don't Use Mobiles For Online Financial Info
15 February 2016
Fintech companies hoping to capture share in China's booming mobile market still need to focus on traditional computing. About 80% …
Two New COOs Take Reins At Asus
10 December 2015
Asus announced personnel and organizational changes and promoted former global vice presidents Xu Xianyue and Hu Shubin as chief operating officers of the group. Along with the group's existing COO Chen Yanzheng, Xu and Hu will report to Asus' chief executive officer Jerry Shen, according to reports in Taiwanese local media. Apart from the executive […]
Lenovo Reports First Quarterly Losses Over Past Six Years
20 November 2015
China's Lenovo published its unaudited performance for the second financial quarter ended September 30, 2015, stating that the group's revenue increased by 16% year-on-year to USD12.2 billion, which included the details of SystemX and Motorola for the entire quarter. Meanwhile, the group reported one-time costs of USD923 million, including USD599 million for restructuring and USD324 […]
Operating Revenue At Asus Drops In Latest Quarter
25 August 2015
Taiwanese PC maker Asus published its financial report for the second quarter of 2015, stating that the company achieved operating revenue of NTD108.403 billion, a year-on-year increase of 3.05% and a decrease of 3.12% compared with the previous quarter; while its post-tax net profit was NTD4.66 billion. In July 2015 alone, Asus realized operating revenue […]
Lower PC Demand Sinks Asus Shipment Figures
15 July 2015
Taiwanese PC maker Asus published its operating revenue statistics for the second quarter of 2015, stating that the company's operating revenue was NTD108.403 billion, which was about CNY21.69 billion, representing a year-on-year increase of 3.05% and a decrease of 3.12% compared with the first quarter of 2015. Meanwhile, Asus revealed that its operating revenue in […]
Apple's Latest China Store Opens In December
25 November 2013
Apple's fourth retail store in China's capital city is expected to open in mid-December 2013. Located at Beijing's China Central Place Luxury Walk in the Chaoyang District, the new Apple store covers an area of 1,000 square meters. It will reportedly become the largest Apple flagship store in Beijing. This latest retail outlet is reportedly […]
Acer Made Net Losses Of USD11.4 Million In Q2 2013
14 August 2013
Due to the increased investment in product design and the price increase of dynamic random access memory, Acer made net losses of USD11.4 million during the latest reporting period. The company said that its net losses for the second quarter of 2013 were NTD343 million, which were about USD11.4 million; while the company gained net […]
Asus Operating Revenue Drops 13% As Laptop Sales Sink
17 July 2013
Taiwanese PC maker published its performance results for the second quarter of 2013, stating that due to the sales decrease of laptops and tablets, the company's operating revenue decreased by 13% to NTD99.6 billion. This is reportedly the first time for Asus to see quarterly operating revenue of less than NTD100 billion since the second […]
Beijing To Build 1,200 4G Base Stations By End Of 2013
04 June 2013
Liu Dianfeng, deputy general manager of China Mobile Beijing branch, said during the 2013 Smart City Summit that the company plans to build and complete 1,200 4G network base stations by the end of 2013. Meanwhile, they will start the deployment of TD-FI devices on buses, allowing local citizens to experience the 4G network with […]
Acer Expects Notebook Shipments Down 10% In Q1 2013
26 February 2013
Taiwanese PC maker Acer said that its notebook shipments are expected to decrease by 10% to 15% for the first quarter of 2013, due to seasonal factors. According to reports in foreign media, Wang Jeng-tang, chief executive officer of Acer said the sales decline was also attributed to customers' demands for new product replacements. Some […]
Lenovo Launches Chromebook For Education Market As Google Tries Flanking Maneuver
28 January 2013
While Google has had a difficult time making inroads into China's Internet sector via its search engine, it does seem to have some success tackling China from the hardware angle with partner Lenovo. Chinese PC maker Lenovo just launched a special edition ThinkPad X131e notebook, targeting primary and secondary school students. Lenovo already launched a […]
Lenovo To Sell Smartphones In Russia From October 2012
06 June 2012
According to reports in Russian local media, the Chinese electronics and PC group Lenovo will start selling Android smartphones in Russia, India, and Indonesia; and the company will launch Windows Phone 8 smartphones this autumn. J'Son & Partners, a consulting firm in Russia, said that Lenovo has not yet formed its brand effect in the […]
Apple Reportedly Forces Taiwanese Company To Stop Making Asus Laptops
16 February 2012
Apple has reportedly put pressure on its Taiwanese OEM to make it stop manufacturing Asus' laptop product Zenbook, which looks like Apple's MacBook Air. Taiwan's China Business Times reported that due to the pressure, the Taiwanese OEM Pegatron Corporation will not make Zenbooks for Asus. Asus has not yet released any comments on the news. […]
Asus' Products To Have Embedded Sohu.com Videos
22 December 2011
The Internet video channel of the Chinese Internet portal Sohu.com and the Taiwan-based PC maker Asus have jointly announced that the two parties have formed a strategic partnership for a video service. Under the agreement of the two parties, Sohu's video contents will be implanted into Asus' products, covering PCs and tablet computers. Meanwhile, they […]
China's Haier Gains More Overseas Laptop Orders
29 September 2011
Chinese electronics group Haier has signed an agreement with the government of Guyana to provide laptops for the "One Laptop Per Family" initiative of the country. This is a new achievement for Haier in the overseas market after gaining a 170,000-unit order in Macedonia, a 120,000-unit order in Brazil, and a 30,000-unit order in Nigeria. […]
China's Lenovo Set Up New Business Group For Mobile Internet
27 January 2011
Chinese PC giant Lenovo has announced that it has established a new business group, focusing on the mobile Internet and family-oriented digital businesses. The new business group will reportedly be responsible for the research and development of mobile Internet terminals, including tablet computers, smartphones, and products involving cloud computing, smart television, and digital family technologies. […]
Acer Eyes Its Own App Store In 2011
05 November 2010
Taiwanese PC maker Acer will launch its online application store in 2011. Gianfranco Lanci, CEO of Acer, revealed to media that Acer's application store will support the full range of Acer products, including PCs, smartphones, and tablet computers. At the same time, its applications can be run on equipment using various operating systems, including Google's […]