Lenovo<992>, the world's fourth-largest computer manufacturer, plans to build plants in India and Brazil to lower its manufacturing costs, sources reported.Liu Jun, senior vice president and president of Lenovo鈥檚 idea product group, said India and Brazil provided favorable tax policies. For example, Brazil would provide...
Lenovo<992><LNVGY>, the world's fourth-largest computer manufacturer, will introduce a series new PC models, in a bid to meet the demand from the low, medium and high-end market, sources reported, citing Lenovo's CEO Yang Yuanqing as saying.50 new models with high cost performance, including 24 new...
Lenovo Group Ltd<992><LNVGY>, the fourth largest PC manufacturer in the world, aims to sell 5 million PCs in rural areas of China during the next three years, said Liu Chuanzhi, chairman of Lenovo, sources reported.In accordance with the plan issued by China's Ministry of Finance (MOF) and the Ministry of...
Feb. 25, 2009 (China Knowledge) - Lenovo Group Ltd<992><LNVGY>, the fourth-largest PC manufacturer in the world, today announced that it will curb its spending by laying off 450 international employees in China, in a bid to improve operating efficiency and to enhance its competitive strength worldwide.
Lenovo Group Ltd<992><LNVGY>, the world's fourth-largest PC manufacturer, on Wednesday launched a computer plant in Apodaca, a city in northeastern Mexico, sources reported.The plant, having an annual production capacity of 5 million units, involves a total investment of US$40 million. It will provide the...
Computer maker Lenovo, late on Wednesday, announced a major restructuring that will see the company shed 2,500 jobs around the world...
Jan. 5, 2009 (China Knowledge) - China's Lenovo Group Ltd<992>, the world's fourth-largest PC manufacturer, is considering a lay-off plan amid the tough economic situations, sources reported.Lenovo plans to lay off 200 employees at its...
HONG KONG, Jan 5 - Shares in China's Lenovo Group <0992.HK> rose on Monday after an influential Chinese magazine said the world's No. 4 personal computer maker is expected to announce a restructuring plan on...
SAN FRANCISCO, Jan 5 - Lenovo Group <0992.HK>, seeking to set itself apart in a crowded field of laptop competitors, is releasing what the company says is the first dual-screen notebook computer. It is one...
LENOVO Group Ltd, China's biggest personal computer maker, is eyeing to buy Positivo Informatica SA, Brazil's biggest PC manufacturer, as it moves to battle slowing sales with growth opportunities ...