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Lenovo posts an INCREASE in desktop PC and notebook sales

Lenovo, the world’s largest maker of PCs, saw its profits leap 24 per cent this spring. The China-based manufacturer reported first-quarter profits of $211m, compared to $170m for the year before. That was from revenue that jumped 18 per cent to £10.39bn. Earnings per share for the giant were up, from $1.65 to $2.03 for the …
Gavin Clarke, 14 Aug 2014

Lenovo to finish $2.1bn IBM x86 server gobble in October

Lenovo will finally get to close the deal on IBM’s x86 server division on 1 October – after slicing a few hundred million off the price tag. The Chinese tech firm will finish the acquisition with a closing purchase price of $2.1bn, which is a little lower than the original $2.3bn price tag because of a change in the valuation of …
Lenovo

US regulators OK sale of IBM's x86 server biz to Lenovo

US regulators have given the thumbs-up to IBM's sale of its x86-based System x server business to China's Lenovo, Big Blue announced on Friday. "The approval of the $2.3 billion sale to Lenovo enables IBM to focus on system and software innovations that bring new kinds of value to IBM clients in areas such as cognitive computing …
Neil McAllister, 16 Aug 2014
IBM's System x3620 M3 server

China clears Lenovo's slurp of IBM server biz

The Chinese Ministry of Commerce has finally approved Lenovo’s $2.3bn deal to buy Big Blue’s server biz, according to Reuters. The country’s anti-monopoly bureau has taken its time over the decision and the US authorities have yet to rule on the acquisition, but Lenovo has said it expects the deal to close this year. Chief exec …
Bored girl

Lenovo: Our IBM deal will definitely go through this year. Honest

Lenovo's big boss expects its $2.3bn gobble of IBM's ailing volume server biz to go through by the end of the year in spite of the US government's continued scrutiny of the deal amid concerns over security. Both firms went public about the mega borg in January, which includes the System x, BladeCentre and Flex System blades and …
Paul Kunert, 02 Jul 2014
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What's that crunching noise? Lenovo running over rivals' bones

Unstoppable Chinese juggernaut Lenovo hit the gas pedal hard in the final three months of fiscal 2014, resulting in double digit sales and profit hikes for the quarter and the year. Meanwhile, its rivals continue to run down on empty, as they struggle to find a way to offset declining PC sales with tabs and smartphones that …
Paul Kunert, 21 May 2014
Sony Vaio VPCCW1S1E

Sony denies Vaio-to-Lenovo rumour

Another week, another major acquisition by Lenovo? Not so, says Sony, which has taken the unusual move of hosing down reports like this Reuters effort suggesting it's been chatting with Lenovo about taking on its loss-making PC business outside of Japan. Sony's response is blunt: “A press report on February 1, 2014 stated …
Simon Sharwood, 02 Feb 2014

Hey IBM – Lenovo here. Sort your server factory strike out, will you?

Chinese PC maker Lenovo has shrugged its shoulders at a strike in a server factory in China, saying that it's up to IBM to sort out the dispute before its server business transfers to Lenovo later this year. Yet Lenovo has said that it will keep the same salaries and benefits in place for Big Blue employees moving across. More …
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HP: Lenovo's buy of IBM x86 biz is bad, bad, bad...

The volume of noise from anxious biz customers and some channel types over Lenovo's buy of IBM's x86 server biz is deafening the ears of those gentle folk at HP. At least that is what Bill Veghte, global boss of HP's enterprise biz, told us, and given rivals' efforts to highlight HP's slips in recent years who can blame him for …
Paul Kunert, 11 Apr 2014
Fight sticker

HP: Customers, partners are fleeing IBM x86 since Lenovo System x bid

HP claims it has bagged hundreds of IBM x86 customers worldwide following Lenovo's $2.3bn bid for Big Blue's System x. The Channel cannot verify whether this is linked to the pending sale of IBM's volume server business, or just par for the course in a competitive environment, but HP is keen to talk up the effects of the deal …
Paul Kunert, 06 Jun 2014

Lenovo hires ex-CIA bod to push through Moto deal

Lenovo has hired former CIA and Homeland Security legal wonks to help push through its deals to buy Motorola Mobility and IBM’s x86 server business with US regulators, according to Bloomberg. The Chinese outfit is spending $US5 billion on the two big name acquisitions to become a top three player in both markets. People …
Phil Muncaster, 05 Feb 2014

Lenovo chops up biz groups after gobbling IBM x86 servers

Enterprise tech wannabe Lenovo has carved its business into four divisions just a week after it coughed $2.3bn for IBM's x86 server biz, a deal which is awaiting approval from regulators. The Chinese firm created PC, Mobile, and Enterprise Groups as well as the slightly bizarrely named Ecosystem and Cloud Services unit, it …
Paul Kunert, 29 Jan 2014
Nervous girl bites nails

Will IBM System x sink without trace before Lenovo can grab the helm?

It's squeaky bottom time for Lenovo execs waiting to get their hands on IBM's System X division, as Big Blue's sales train continues to head south, making sporadic station stops at Double Digit Declines-ville and Commodity Central. IBM's server biz continued to fall from grace in the first calendar quarter of 2014, with Gartner …
Paul Kunert, 29 May 2014

Hello Moto: Lenovo grabs Motorola biz for $3bn. But Google's KEEPING the patents

Lenovo has signed a deal to buy the loss-making Motorola Mobility smartphone manufacturer for $2.91bn, but a switched-on Google is keeping the patents owned by the firm it gobbled two years ago for $12.5bn. "The acquisition of such an iconic brand, innovative product portfolio and incredibly talented global team will immediately …
Iain Thomson, 29 Jan 2014
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Lenovo banks on $1 BEELLION Moto turnaround in SIX quarters

Lenovo boss Yang Yuanqing has boasted that he can wipe Motorola Mobility’s $1bn-a-year (£600m) losses in just six quarters once his firm takes the helm at the handset maker. Yang told Bloomberg on the sidelines of Mobile World Congress this week that he could make the turnaround without the need to cut any jobs. “Don’t be …
Phil Muncaster, 27 Feb 2014
Engineers making quantum devices at the Australian National Fabrication Facility at UNSW: Credit: Australian National Fabrication Facility

IBM to shutter Greenock x86 line after sale to Lenovo - reports

Mystery still surrounds one of the UK's last server production outposts in the Silicon Glen amid reports of IBM shuttering the Greenock site when Lenovo acquires its x86 division. According to local newspaper Greenock Telegraph, workers at the plant are bracing themselves for closure with manufacturing set to move to China once …
Paul Kunert, 03 Mar 2014
Scrooge McDuck

Lenovo cracks its first ever $10bn quarter

Lenovo sold a record-breaking 32.6 million pieces of kit in the last quarter, passing the $US10 billion (£6bn) revenue milestone for the first time. The PC giant’s third fiscal quarter ending 31 December saw revenue up 15 per cent year-on-year to $10.8bn (£6.5) and profits up even more, growing 30 per cent to $321m (£193m). The …
Phil Muncaster, 13 Feb 2014
BlackBerry bleeding

Lenovo sniffing BlackBerry's laundry, may purchase: report

Lenovo and BlackBerry have reportedly signed a non-disclosure agreement (NDA) that lets the Chinese concern send in the accountants in order to gain an understanding of whether the beleaguered phone-maker is worthy of an acquisition. The Wall Street Journal reports (paywalled) that the NDA covers all aspects of BlackBerry's …
Simon Sharwood, 18 Oct 2013

It was inevitable: Lenovo stumps up $2.3bn for IBM System x server biz

IBM has offloaded its failing x86 biz to Lenovo for $2.3bn, albeit a day later than our sources had predicted. The pair have entered into a definitive agreement - days after talks were confirmed - which includes System x, BladeCenter and Flex System blade servers and switches, x86-based Flex integrated systems, NeXtScale and …
Paul Kunert, 23 Jan 2014

Lenovo haggling with IBM over price of System X... AGAIN

High-flying PC maker Lenovo has confirmed it has re-taken a seat at the negotiating table with an unnamed server vendor, widely believed to be IBM. That Big Blue is committed to offloading its System X unit - the x86 division that was the subject of sale talks with Lenovo last year - would come as no surprise to anyone involved …
Paul Kunert, 21 Jan 2014
Motorola StarTAC

HELLO LENOVO. Do you really, really want to make smartphones?

Lenovo has bought third place in today's smartphone market by acquiring fallen giant Motorola. Not a bad performance since it only created its 'MIDH' mobile division three years ago. But is this really a prize worth fighting for? Lenovo took the No.1 spot in PCs last year from HP with a huge home advantage in China, where it …
Andrew Orlowski, 31 Jan 2014
firing range - target in cross hairs

Lenovo on the hunt for UK server and storage techies, sales bods

Lenovo's proposed deal to take IBM's x86 server business off its hands didn't quite come off. But the Chinese firm has clearly noticed that Britain's buying servers again and has asked headhunters to find staff to beef up its UK server and storage team ahead of its own product launch this quarter. Lenovo is looking for both …
Paul Kunert, 04 Oct 2013

Lenovo chief Yang wangs hefty bonus wodge to workers

Yang Yuanqing, CEO of the world's largest PC maker, Lenovo, plans to share a portion of his whacking great bonus with staffers for the second year in a row following bumper sales figures. A pool of 10,000 workers out of the firm's more than 30,000 employees will each be given a piece of the $3.25m portion of Yuanqing's bonus, …
Jasper Hamill, 02 Sep 2013

PC market hits the ropes, but Lenovo's still standing

Undisputed heavyweight PC champ Lenovo continues to buck the industry trend by positing double-digit gains in sales and profits as rivals struggle to peel themselves off the canvas. The Chinese dragon – which punched HP off the top spot in calendar Q2 – reported a 10 per cent year-on-year spike in sales to $8.8bn for its fiscal …
Paul Kunert, 15 Aug 2013
Lenovo Smartphone S2

WHAT!? Lenovo THIRD-largest smartmober - Chinese grab local kit

The fastest growing smartphone market, China and its environs, appears to prefer locally produced hardware – as strong sales have pushed Lenovo into third place in the worldwide rankings, according to the latest data from Gartner. The analyst house reported that Lenovo scooped 5.1 per cent of the market for smartphones, however …
Iain Thomson, 15 Nov 2013
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PC rivals weep while Lenovo dazzles with Q2 box-shifting numbers

If the HP folks in Palo Alto were hoping to see a chink in Lenovo's armour on its latest quarterly financials they will be sorely disappointed - a double-digit growth fest was banked by the Chinese dragon AGAIN today. The company has its portfolio limitations but it made the most of the sectors in which it operates to push up …
Paul Kunert, 07 Nov 2013
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Lenovo and IBM's System x biz: It'll be just like 2005's PC buyout

It was only eight months ago when the industry was rife with rumours that IBM was selling all or part of their x86 business to Lenovo. It took a while, but the deal has gone down and it’s now up to the lawyers and accountants to finalize the paperwork. This deal has turned out to be (way) more comprehensive than anticipated. …

HP Printer and PC boss: Lenovo is the LAST thing on my mind

The man straddling HP's global printer and PC portfolio has a few things on his mind, but he claims worrying about Apple, Samsung and Lenovo aren't chief among them. Dion Weisler left a senior role in Lenovo to head up HP's PC biz in Asia Pacifc/Japan in 2011, the same year former CEO Leo Apotheker was unpicking decades of hard …
Paul Kunert, 24 Jul 2014

NEC to ditch smartmobe biz after failed Lenovo talks - report

Japanese IT and electronics giant NEC is ready to throw in the towel on its ailing smartphone business after a deal with Chinese PC giant Lenovo failed, according to reports from Japan. Rumours emerged earlier this month that NEC had been chatting to the Chinese firm since 2013 about selling its smartphone biz or partnering up …
Phil Muncaster, 17 Jul 2013

Lenovo: Windows 8 is so good, everyone wants Windows 7

You don't notch up 15 consecutive quarters of growth in a declining market without doing something right - so what's PC maker Lenovo doing right? Well, many things. But it can't do any harm that Lenovo is protecting enterprises from the waterboarding torture of the Microsoft Windows 8 operating system. The majority of Lenovo's …
Andrew Orlowski, 18 Mar 2013

Lenovo to ship all new PCs with Start Menu replacement

You wanted the Start menu back in Windows 8.1. Microsoft listened ... and didn't give it to you. Now Lenovo says that if a Start Menu is what it will take to get you to start buying Windows 8 PCs, then by gum, a Start Menu you shall have. By now, everyone should be aware that the Start icon that's coming to the Windows 8.1 …
Neil McAllister, 22 Aug 2013

Lenovo gobbles Stoneware, joins cloud storage game

Lenovo has joined the cloud computer game by buying privately held Utah-based Stoneware for an undisclosed sum. The idea is to nab Stoneware's cloudy services so biz customers and consumers can store their data remotely and manage multiple devices through one system. The portfolio of Stoneware – Lenovo's first software …
Paul Kunert, 18 Sep 2012
IBM CEO Ginni Rometty

Report: IBM, Lenovo x86 server deal hits the skids

Only late last week, the scuttlebutt was that IBM and Lenovo Group were moving along at a rapid pace so Big Blue could offload all or part of its System x x86 server business to the Chinese builder. Now, the latest word is that the deal has stalled as the two companies are haggling about the price. The first rumors about a …

Look out, Lenovo! HP: We're not happy with being a 'number two'

HP is not a happy bunny and won't be until it's recaptured the global PC sales crown that Lenovo made off with last week. But that snatch may come sooner rather than later, according to analysts. No single vendor covered themselves in glory in the second quarter of 2013, with all of the world's largest shifters of boxes …
Paul Kunert, 16 Jul 2013
Great Wall of China

Another Chinese thing you can see from space: Lenovo's sales

PC maker Lenovo appears to drawing ever closer to its goal of seizing the global box-shifting crown from giant HP. The Chinese dragon's momentum, built up over the last few years, shows no sign of slowing. The company had to sort out some small integration issues of swallowing IBM's PC business in 2004, but after six years of …
Paul Kunert, 23 May 2013
firing range - target in cross hairs

Lenovo sets sights on server, storage incumbents

Chinese PC maker and server and storage wannabe Lenovo Group has an appetite to buy itself some market share in the systems racket, say the company's top brass. In fact, it wants to double its market share in this space. That seems like a less ambitious goal than acquiring IBM's System x and BladeCenter x86-based server business …

EMC backs Iomega up into Lenovo partnership

The first fruits of a global technology partnership between storage giant EMC and server upstart Lenovo have ripened as the two companies have launched LenovoEMC Limited, which pairs EMC's Iomega entry-level network-attached storage (NAS) arrays with Lenovo's ThinkServer product lines. EMC acquired Iomega in early 2008 to expand …

Lenovo considering RIM buyout to boost mobile biz

Lenovo CFO Wong Wai Ming says the company is actively pursuing ways to improve its position in the mobile device market, spurring speculation that the Chinese firm may be planning to cozy up with Research in Motion – or even swallow it whole. In an interview with Bloomberg at the World Economic Forum meeting in Davos, …
Neil McAllister, 25 Jan 2013
IBM Flex Chassis, front view

IBM taps ex-Lenovo and services exec to run PureSystems server biz

Several weeks ago, El Reg told you that Andy Monshaw, the long-time head of IBM's Storage Systems Division and more recently the general manager of the PureSystems modular systems business, had left Big Blue. Due to the Independence Day holiday in the United States, IBM was unable to confirm Monshaw's departure, but late last …
Lenovo IdeaCentre Horizon table PC

PC sales in the toilet? Excuse Lenovo while it gut laughs at you

Chinese PC sales juggernaut Lenovo rolled into town with another set of double-digit growth numbers for its fiscal Q3 as rivals continue to scratch around for what they can get. The firm hasn't yet toppled HP from the top of the global PC market but sales were up 12 per cent to $9.4bn and profit rose 34 per cent to $205m for the …
Paul Kunert, 30 Jan 2013

IBM selling x86 server business to Lenovo?

There are rumors swirling around, again, that IBM is looking to sell off all or a portion of its x86 server business to Chinese PC maker and server partner Lenovo Group. US channel mag CRN caught wind of something going down between IBM and Lenovo on Thursday and referenced an anonymous source with knowledge of the talks now …

NEC looks to offload Lenovo shares

Ailing Japanese electronics giant NEC looks set to sell all of its shares in Lenovo after the Chinese PC maker confirmed to The Reg that it has waived a previous restriction on the sale. The two firms announced in January 2011 that they would be combining their PC operations in Japan, in a joint venture known as NEC Lenovo Japan …
Phil Muncaster, 05 Sep 2012

Lenovo recalls 160,000 all-in-one PCs after blaze warning

Lenovo wants punters to send back a grand total of 160,000 ThinkCentre all-in-one desktop PCs because the machines' power supplies might overheat and burst into flames. The Mexico-made machines went out under the monikers M70z and M90z during the period May 2010 through January 2012, Lenovo said. Lenovo ThinkCentre M70z US …
Tony Smith, 08 Mar 2012

Lenovo proclaims PC victory, re-orgs to take on Apple

Lenovo will alter its structure in 2013 to create a “Lenovo Business Group” that will sell commodity products and a “Think Business Group” to push premium kit and take on Apple. News of the restructure emerged at Sina Tech, which quotes an email sent to staff by Lenovo chairman and CEO Yang Yuanqing in which he proclaims (after …
Simon Sharwood, 07 Jan 2013

First the PCs, now System X: Is IBM ready to flog server biz to Lenovo?

Is IBM selling all or part of its x86 server biz to PC giant Lenovo? Nothing has been confirmed by either party, but it sure looks like there’s something in the works. So what might this deal look like? I don’t see IBM selling off the entire System x division to Lenovo. What they’ll sell is the most commoditised and least …
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Lenovo insists it is NOT world's largest PC maker

If Gartner is right and Lenovo has indeed become the largest PC maker on the planet, someone forgot to tell the Chinese juggernaut's top brass. Talking at the release of Q2 numbers that showed a double-digit spike in sales and turnover, albeit slower than recent growth rates, CEO Yang Yuanqing seemed oblivious to last month's …
Paul Kunert, 08 Nov 2012

Dragged-out Lenovo server deal whacks IBM's earnings for 2013?

IBM has never admitted that it has been trying to sell its System x and BladeCenter server business to Chinese PC and system maker Lenovo, which also took its venerable and usually unprofitable PC business over at the end of 2004. But in a conference call with Wall Street analysts going over Big Blue's second quarter financial …

PC builder Lenovo to pump iron, invade hefty biz systems sector

PC builder Lenovo is making a play for heavier duty infrastructure kit as it tries to make its presence felt beyond commoditised desktops and mobile systems. The Enterprise Product Group (EPG) has launched stateside ahead of a Euro blitz in 2013 - it will house server, storage, networking, software and cloud services to be fired …
Paul Kunert, 31 Oct 2012
Lenovo ThinkCentre M90z info panel

Using a Lenovo All-In-One? Grab a fire extinguisher!

Lenovo is recalling another 15,000 All-In-One desktops due to concerns about over-heating and potential fire hazards, taking the tally to 188,000. The vendor announced a voluntary recall of 160,000 ThinkCentre M70z and M90z desktops in March and another 13,000 in April following a complaint to the US Consumer Product Safety …
Paul Kunert, 11 May 2012
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Lenovo ups in-house notebook production

It could be sweaty palm time for Taiwan’s ODMs after reports emerged that Lenovo is set to step up in-house production of its notebooks and PCs. The Chinese hardware giant is planning new production lines in Japan and Brazil as well as at its LCFC joint venture with Compal Electronics in northern China, Digitimes reported. …
Phil Muncaster, 17 Jul 2012

Opinion

Tim Worstall

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Why overlapping kit from a merger equals a disaster in waiting

Features

No, silly... he was the fall guy for years of Finnish folly
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Frodo and the Ring
Microsoft's strategy is to make Store apps popular. Good luck with that