Lenovo's stock is up 105% in May, marking its biggest monthly gain since 1999, after earnings showed AI-related revenue helped offset rising memory costs
Lenovo Group Ltd. recorded its best month in more than a quarter-century, with the stock doubling in May as investor enthusiasm built around …
Lenovo CFO Winston Cheng says the PC maker is stockpiling memory and other critical components amid a supply crunch, holding inventories ~50% higher than usual
Lenovo Group Ltd. is stockpiling memory and other critical components to navigate a supply crunch brought on by the boom in artificial intelligence.
Lenovo buys 51% of Fujitsu's PC business for $157M+, as its Q2 earnings beat estimates with revenue up 5% to $11.8B YoY, profit down 11% to $139M YoY
Lenovo Group Ltd. posted better-than-expected revenue as the PC maker benefited from a stabilizing global personal computer market.
Lenovo Q4 profit up 80% to $180M but revenue falls 24% to $9.13B YoY as PC demand slows
First-quarter profit up drastically, helped by cost cuts — HONG KONG—A year and a half ago, Lenovo Group Ltd. spent $5 billion to buy itself into growth sectors as the personal-computer market slowe...
Lenovo Group Swings to Net Loss of $714 Million for Quarter
First quarterly net loss in more than six years as PC maker restructures — BEIJING— Lenovo Group Ltd. , the world's largest personal-computer maker, reported its first quarterly net loss in more tha...
Lenovo Projects End to Motorola Losses With China Phone
Lenovo Group Ltd. (992), which posted a 29 percent surge in profit today, expects to end losses at Motorola Mobility within quarters of completing a deal as it reintroduces the smartphone brand to Chi...
Lenovo to Buy IBM Server Unit For $2.3 Billion Amid PC Slump
Lenovo Group Ltd., the world's largest maker of personal computers, will buy International Business Machines Corp.'s server business for $2.3 billion. — The deal price includes about $2 billion of c...
Lenovo pursued BlackBerry bid, but Ottawa rejected idea
OTTAWA and TORONTO — The Globe and Mail — Beijing-based computer manufacturer Lenovo Group Ltd. actively considered a bid for BlackBerry Ltd., but the Canadian government told the smartphone company...
Lenovo Quarterly Profit Rises 90% on Market Share Gains
Lenovo Group Ltd. (992), the world's second-biggest maker of personal computers, reported a 90 percent gain in fourth-quarter profit after increasing its market share and boosting smartphone sales. —...
IBM in Talks to Sell Part of Its Server Unit to Lenovo
International Business Machines Corp. is looking to part ways with the servers that have powered much of the Internet. — The company is in advanced discussions to sell its so-called x86 server busin...