24 May 2017

LENOVO ANNOUNCES FOURTH QUARTER AND FULL YEAR 2016/17 RESULTS

  • Good progress with new three-wave strategy in a year of transformation
  • New end-to-end ownership model to help manage each business differently
  • Fourth-Quarter revenue was US$9.6 billion; Full-Year revenue was US$43 billion
  • Fourth-Quarter net income was US$107 million; Full-Year net income was US$535 million
  • Full-year basic earnings per share of 4.86 US cents, or 37.71 HK cents
 
HONG KONG, May 25, 2017 – Lenovo Group today announced results for its fourth fiscal quarter and full-year ended March 31, 2017. In what was a year of significant transformation,  Lenovo made good progress in implementing and executing its new “three-wave strategy,” designed to meet the critical business challenges of today, while positioning the Company for continued long-term profitable growth.
16 May 2017

Top Five Mobile Apps Announced in Lenovo National Competition

Lenovo and its nonprofit partner focused on high school education, NAF, today announced the top five winners from NAF academies participating in the third annual Lenovo Scholar Network National Mobile App Development Competition.  
02 May 2017

LENOVO EXPANDS COMMITMENT TO OPEN SOURCE

Expanding its commitment to open source communities and the development of Telco-focused solutions, Lenovo today announced, at Red Hat Summit 2017, a new  version of its open source platform, Open Platform @ Lenovo (OP@L), and the opening of an advanced cloud technology center. Building on these cutting-edge initiatives, the company pledged to continue developing powerful integrated solutions that provide the backbone for rich mobile content, 5G networks, and Internet of Things (IoT) workloads. The company also reinforced its commitment to help clients in this sector build out next-generation data centers, using open source technologies, to address the growing demand for agile, cost-effective, and flexible architectures.
04 April 2017

Lenovo X6 Server Architecture Achieves 10 Performance World Records

Lenovo today announced its industry-leading X6 server platform has established 10 additional industry performance benchmarks, including two new SAP world records as well as a new Java and SPECcpu world record benchmark, bringing its world record total to 34 and continuing the X6 family’s string of number one or world-record benchmarks since its launch in 2014. 
23 March 2017

Lenovo Strengthens Data Center Business to Accelerate Growth, Announces New Leadership Roles on its Management Team

Research Triangle Park, N.C. March 23, 2017 — To further accelerate growth in its global data center business, Lenovo (HKSE: 992) today announced several organizational moves that strengthen its management team and advance the company’s drive to become the industry’s most trusted global data center partner, while serving the fastest expanding market segments and further improving the responsiveness of its customer support.  As part of this realignment, the company appointed Kim Stevenson, the former CIO of Intel, senior vice president and general manager, joining its Data Center Group’s senior management team along with three other executives named to new positions today.
14 March 2017

Lenovo DX8200D To Simplify Software-Defined Storage Adoption

Research Triangle Park, N.C. Mar. 14Lenovo (HKSE: 992) today announced a turnkey software-defined storage (SDS) appliance that leverages its robust server platform combined with advanced storage virtualization software and multi-core optimizing parallel I/O – SANsymphony™ from DataCore Software. This new offering is the latest milestone in Lenovo’s effort to drive adoption of software-defined data center technology, which offers compelling customer benefits such as higher agility and simplicity, as well as better cost economics. 
14 March 2017

Lenovo Names Francois Bornibus New President EMEA

Tuesday 14th March, 2017 – Lenovo (HK:992) (ADR:LNVGY) today announced the promotion of Francois Bornibus to President EMEA (Europe, Middle East and Africa) effective 1st April 2017. Bornibus, currently VP and Chief Operating Officer Lenovo EMEA, will report to Luca Rossi who will continue to hold the overarching responsibility for both EMEA and Latin America markets.
08 March 2017

Lenovo appoints Torod Neptune as VP Global Communications

NORTH CAROLINA, March 8th, 2017 – Torod Neptune is to join Lenovo as Vice President Global Communications, starting 27th March.  Torod is currently Vice President of Corporate Communications for Verizon Communications and succeeds Jeff Shafer who moved to lead communications at the University of North Carolina at Greensboro at the end of 2016.  Torod will report to Lenovo Chief Marketing Officer David Roman.
27 February 2017

Lenovo Sets Stage for New Mobility with Smart, Connected Devices & Services

Lenovo today announced an ecosystem of devices and services that support the new era of mobility and represent how today’s users are demanding solutions that bridge connectivity, hardware and user-centric design. 
21 February 2017

Lenovo to Deliver Enterprise Cloud Solution for Users of SAP HANA® in China

Beijing, February 22, 2017 — Lenovo today announced an agreement with SAP under which Lenovo will deliver a new enterprise cloud solution created exclusively for customers holding licenses for the SAP HANA® platform in China. To be named “Lenovo Enterprise Cloud designed for SAP HANA,” the new managed service is intended to open a simple and powerful migration path for China customers seeking to leverage their investments in SAP HANA offsite in a cloud environment.