In the fourth quarter of 2016, Chinese enterprises gained four seats among the top five smartphone brands in the Indian …
Report: Chinese Companies Held 46% Mobile Phone Market In India
06 February 2017
Lenovo To Cut More Staff From Moto Smartphone Unit
30 September 2016
Lenovo Group will implement an employee layoff program, but the total number of employees affected will be no more than …
Lenovo Will Pre-install Microsoft Apps On Android Devices
26 August 2016
Lenovo and Microsoft announced plans to enhance their strategic cooperation and Lenovo will pre-install Microsoft's productivity applications such as Office, …
Bad News For Lenovo With Sliding Mobile Phone Sales
18 August 2016
With smartphone upstart Xiaomi recently dethroned in China by competitors Oppo and Vivo, Lenovo Group now also is delivering bad …
Lenovo-Motorola Plans New Mobile Retail Expansion In India
10 August 2016
Lenovo-Motorola's India branch recently submitted an application for a single-brand retail business license as it aims to open a new …
American Augmented Reality Gains Chinese Stamp Of Approval
04 July 2016
American augmented reality technology company Meta announced the completion of its USD50 million round of funding and its major investors …
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 …
Wireless Patent Deal Adds To Qualcomm's China Exposure
01 March 2016
Qualcomm reached a new patent license agreement with Lenovo Group. So far, China's five leading smartphone manufacturers, including Xiaomi, Huawei, …
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 […]
Lenovo Cuts 3,200 Employees Worldwide
17 August 2015
China's Lenovo Group announced that they will cut about 3,200 non-manufacturing employees worldwide. Lenovo announced this decision in its financial report for the first quarter of the 2015/16 financial year. The company said facing the dramatic decline of PC sales, Lenovo Group must continue to improve effectiveness and cut expenses. They will reduce about 3,200 […]
Lenovo Mobile Rearranges Sales Focus In China
10 July 2015
Lenovo Mobile Business Group is ramping up for heightened China competition after its recent Motorola Mobility acquisition with a reorganization of he company's sales structure. Yang Jun will replace Zhang Hui to lead mobile phone sales in China and Yang will be promoted to vice president of Lenovo Group. Meanwhile, Ye Zhuliang, head of overseas […]
Lenovo Boots Mobile Business Chief
05 June 2015
Yang Yuanqing, chairman and chief executive officer of Lenovo Group, announced via an internal email that Liu Jun, executive vice president of Lenovo Group, president of mobile business group, and president of Motorola Mobility management committee, will depart the company. Meanwhile, Chen Xudong will replace Liu's roles, effective immediately. The email did not disclose Liu's […]
China's X86 Server Market Grew 23% In Q1 2015
02 June 2015
China's X86 server market scale reached USD1.6 billion, a year-on-year increase of 23%, according to a report from market research firm Gartner. Inspur, Dell, and Lenovo ranked the top three in this market. Statistics from Gartner show that during the first quarter of 2015, the global server market saw obvious growth with shipments of 2.67 […]
China UnionPay Rumored To Soon Launch Mobile Payment Service For Android Smartphones
26 November 2014
China UnionPay has reportedly decided to launch a mobile payment service named "AndroidPay" for Android smartphones. According to reports in Chinese local media, several information sources confirmed the new service will reportedly be available in China in the third quarter of 2015. Several smartphone makers also confirmed the news. Cao Jingsheng, vice president of Coolpad […]
Motorola Mobility Is Now A Chinese Company
10 November 2014
Lenovo and Google jointly announced that Lenovo formally completed its acquisition of Motorola Mobility from Google, and this now makes Lenovo the third largest smartphone maker in the world. Yang Yuanqing, chairman and chief executive officer of Lenovo Group, said that while enhancing the company position as the third largest smartphone maker in the world, […]
Lenovo Creates Mobile Phone Development Subsidiary
22 October 2014
China's Lenovo Group announced the establishment of a new wholly-owned subsidiary aimed at mobile Internet-enabled devices. This new subsidiary will reportedly start formal operation on April 1, 2015, and it will have an independent company name and a new sub-brand. Chen Xudong, Lenovo Group's China president, will be chief executive officer of the new company. […]
Lenovo To Invest Additional USD5 Million In Thailand
20 October 2014
Lenovo plans to increase its Thai market share as it invests an additional USD5 million in Thailand in 2014. Jeerawut Wongpimonporn, general manager of Lenovo Thailand, said that Lenovo's Asian headquarters has approved this additional budget plan. Of the total investment, USD2 million to USD3 million will be used to expand marketing channels, enhance marketing, […]
MediaTek Achieves Record Operating Revenue With Performance Challenges
15 October 2014
Taiwanese mobile phone chip manufacturer MediaTek saw a performance decline in September 2014, yet achieved a record-high quarterly revenue uptick. The company's overall operating revenue was NTD57.472 billion, which was about CNY11.6 billion, in the third quarter of 2014, representing record-high quarterly revenue for the history of the company. The company's latest performance report showed […]
Lenovo Renews Joint Venture With NEC
14 October 2014
China's Lenovo Group and Japan's NEC agreed to extend their joint venture agreement through 2026. The agreement signed by the two parties included amendments to the initial transaction. Amendments to the NEC brand license agreements stated that the parties to the NEC brand license agreements entered into the NEC brand license amendment agreements on October […]
Xiaomi Surpasses Samsung To Take Mobile Phone Lead In China
05 August 2014
Xiaomi took a 14% market share in China during the second quarter of 2014, overtaking Samsung in volume during the period. According to a report from Canalys, Xiaomi had 240% year-on-year growth. Xiaomi joined Chinese phone brands Lenovo, Yulong, Huawei, BBK, ZTE, OPPO and K-Touch, to account for a total of 70.7 million units and […]
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