Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decades. Lenovo, a sliver away from

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Chinese PC maker is cautious despite full-year results that exceed analysts’ expectations as it continues to grow faster than its rivals

Lenovo Group (OTC: LNVGY) reported a 34% rise in its net profit for the fiscal year ended March.Lenovo's net profit for the year surged to $635.15 million, versus $472.99 million, in the year-ago period. However, analysts were expecting a profit of $

HONG KONG, May 23 (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decade

HONG KONG, May 23 (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decade

HONG KONG, May 23 (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decade

HONG KONG, May 23 (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decade

HONG KONG, May 23 (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray intomobile gadgets, and a relatively light debt load are setting itapart from PC rivals as industry shipments take their steepestfall in decades.

Chinese personal-computer maker Lenovo Group's fiscal fourth-quarter profit rose 90% from a year earlier, setting it apart from an industry that is struggling with weak demand.

Chinese personal-computer maker Lenovo Group Ltd. (0992.HK) said Thursday net profit for its fiscal fourth quarter ended March rose 90% from a year earlier on cost controls and robust shipments even as the global PC market continues to shrink.

The computer maker said it earned $127 million in the quarter as sales of smartphones and mobile computing technology expanded.    

HONG KONG (Reuters) - Shares in Chinese personal computer maker Lenovo Group Ltd jumped more than 4 percent after it reported a forecast-beating 90 percent rise in quarterly profit, its fastest in...

HONG KONG, May 23 (Reuters) - Shares in Chinese personal computer maker Lenovo Group Ltd jumped more than 4 percent after it reported a forecast-beating 90 percent rise in quarterly profit, its fastest in seven quarters.

Chinese personal-computer maker Lenovo Group Ltd. (0992.HK) said Thursday that net profit for the fiscal year ended March rose 34% as sales growth remained robust even as the global PC market continues to shrink.

HONG KONG, May 23 (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decade

HONG KONG, May 23 (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decade

HONG KONG, May 23 (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray intomobile gadgets, and a relatively light debt load are setting itapart from PC rivals as industry shipments take their steepestfall in decades.

HONG KONG, May 23 (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decade

HONG KONG, May 23 (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decade

HONG KONG (Reuters) - China's Lenovo Group Ltd posted a 90 percent rise in its quarterly net profit, its fastest pace in seven quarters, as a result of strong PC and smartphone demand in its domestic market.

HONG KONG, March 23 (Reuters) - China's Lenovo Group Ltd posted a 90 percent rise in its quarterly net profit, its fastest pace in seven quarters, as a result of strong PC and smartphone demand in its domestic market.

HONG KONG (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decades.

HONG KONG, May 23 (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray intomobile gadgets, and a relatively light debt load are setting itapart from PC rivals as industry shipments take their steepestfall in decades.

HONG KONG, May 23 (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decade

HONG KONG, May 23 (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decade

HONG KONG, May 23 (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decade

HONG KONG, May 23 (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decade

The new flagship ThinkPad shows a wise mix of restraint and innovation

Lenovo Group Ltd.'s (0922.HK) talks with International Business Machines Corp. (IBM) to buy part of the U.S. company's server business have broken down due to differences over price, a person familiar with the matter said Thursday.

Lenovo Group Ltd.'s bid for a stake in International Business Machines Corp.'s server business is in limbo after a disagreement on valuation stalled talks between the two companies.

Lenovo Group Ltd.'s (0922.HK) talks with International Business Machines Corp. (IBM) to buy part of the U.S. company's server business have broken down due to differences over price, a person familiar with the matter said Thursday.

At least one other strategic bidder was interested in the division as recently as late April, according to people familiar with the situation

Talks have broken down between IBM and Lenovo for a multi-billion sale of a good chunk of IBM's server business, Fortune's Miguel Helft reports. The two couldn't agree on a fair price. Neither company had publicly acknowledged the negotiations, but v

SAN FRANCISCO (Reuters) - IBM and Lenovo have called off negotiations over a multibillion-dollar deal in which the Chinese company would have bought Big Blue's low-end server business, Fortune magazine cited unidentified sources as saying on Wednesda

SAN FRANCISCO (Reuters) - IBM and Lenovo have called off negotiations over a multibillion-dollar deal in which the Chinese company would have bought Big Blue's low-end server business, Fortune magazine cited unidentified sources as saying on Wednesda

IBM and Lenovo have called off negotiations over a multibillion-dollar deal in which the Chinese company would have bought Big Blue's low-end server business, Fortune magazine cited unidentified sources as saying on Wednesday.

SAN FRANCISCO, May 1 (Reuters) - IBM and Lenovo have called off negotiations over a multibillion-dollar deal in which the Chinese company would have bought Big Blue's low-end server business, Fortune magazine cited unidentified sources as saying on W

SAN FRANCISCO, May 1 (Reuters) - IBM and Lenovo have called off negotiations over a multibillion-dollar deal in which the Chinese company would have bought Big Blue's low-end server business, Fortune magazine cited unidentified sources as saying on W

Valuation concerns have scuttled negotiations, according to a person familiar with the talks.

After all, it’s the only company that’s managed to mitigate the PC apocalypse.

On the same day that IBM posted one of its worst quarters in eight years — at least according to this analyst — word leaked that it might be trying to sell its x86 server business to China's Lenovo Group. The news first broke yesterday by

If Chinese group can do in this challenging market what it has done with PCs – take share from Dell and HP – it is on to a winner

Lenovo's had a long love affair with Big Blue. If the Chinese company buys part of IBM's server operations in a multibillion dollar deal, both sets of shareholders may swoon.

Lenovo's potential acquisition of part of IBM's server business would help it secure a new source of growth and profit at a time when world-wide PC sales are plummeting.

IBM is in advanced talks to sell its so-called x86 server business to China's Lenovo, people familiar with the matter said. An exact sale price wasn't known, but one of the people said a deal, if one is struck, could be worth billions of dollars.

LOS ANGELES (MarketWatch) -- Hong Kong stocks rose in early trading Friday, with the move coming after five consecutive sessions of declines. The Hang Seng Indexrose 49 points, or 0.2%, to 21,559.70. Shares of Lenovo Group Ltd. jumped 2.5% in the wak

International Business Machines Corp. is looking to part ways with the servers that have powered much of the Internet.