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18 November 2015

Technologists Encourage STEM with First Lenovo in the Classroom Day

RESEARCH TRIANGLE PARK, NC – November 18, 2015: Today, more than 50 Lenovo employees are visiting NAF academies across the U.S., virtually and in person, as part of the inaugural Lenovo in the Classroom Day. This volunteer initiative brings together Lenovo employees and more than 1,500 NAF academy students to talk about the importance of science, technology, engineering and math (STEM) skills and careers. These are increasingly critical subjects as the U.S. Department of Commerce projects STEM occupations will grow by 17 percent from 2008-2018, versus a 9.8 percent growth rate for non-STEM occupations.


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27 November 2015

Lenovo™ and Razer™ Partner to Revolutionize Gaming Devices

RESEARCH TRIANGLE PARK and JÖNKÖPING, SWEDEN – November 27, 2015 – At DreamHack Winter 2015 today, Lenovo (HKSE:992) (ADR: LNVGY) and Razer revealed their first-ever gaming desktop prototype that will officially launch at CES (Consumer Electronics Show®) 2016. The two companies announced that together they will co-brand and co-market special Razer Edition models of Lenovo’s Y series gaming devices – marrying  the manufacturing, supply chain and channel relationships of Lenovo, the world’s number one PC maker, with the immersive technology and deep expertise of Razer, a leading company in connected gaming devices and software for gamers. 


17 November 2015

Lenovo Announces Enterprise Innovation Center Collaborations

AUSTIN, TX- November 17, 2015: Lenovo (HKSE:992) (ADR: LNVGY) today announced at the Supercomputing 2015 Conference (SC15) a brand new state-of-the-art Enterprise Innovation Center (EIC) in Beijing will open in early 2016. Lenovo also announced an expanded relationship with Barcelona Supercomputing Centre and a new partner in EIC projects, the University of Oxford. Additionally, Lenovo is unveiling multiple new initiatives with Intel® under the Intel® Scalable System Framework, focused on future high-performance computing (HPC) system design and optimization.  Lenovo will be a founding member of OpenHPC which aims to bring open-source economics to HPC users.


11 November 2015


 Lenovo Group (HKSE: 992) (ADR: LNVGY) today announced results for its second fiscal quarter ended September 30, 2015.
  • Revenue was US$12.2 billion, up 16% year-over-year, up 23 percent in constant currency
  • Lenovo grew its PC market share for record high 21.2% share*
  • Lenovo is successfully executing its business realignment plan and is on track to deliver US$ 650 million in the second half of the year and US$ 1.35 billion annually
  • As announced in Q1 earnings report, Lenovo incurred US$599 million in restructuring costs and a US$324 million one-time charge to clear smartphone inventory in Q2
  • Run rate pre-tax income** was US$166 million, up 16% quarter-to-quarter; a strong operational performance
  • Hong Kong Financial Reporting Standards (HKFRS) pre-tax loss** of US$842 million driven by restructuring costs and one time charges
  • Basic loss per share of 6.43 US cents, or 49.84 HK cents


04 November 2015

Lenovo and Nutanix to Bring Hyperconverged Infrastructure to Global Enterprises

RESEARCH TRIANGLE PARK and SAN JOSE – November 4, 2015Lenovo (HKSE:992)  and Nutanix today announced a strategic partnership to develop, market and sell a new family of Lenovo hyperconverged appliances powered by Nutanix software. Converging storage, server and virtualization services into an integrated scale-out appliance helps simplify datacenter management and can drive substantial IT cost savings. Both companies are committed to delivering hyperconvergence infrastructure that enables IT organizations to focus on the applications and services that power, and bring greater agility to, their businesses by offering a compelling alternative to public cloud services.


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