15 February 2017

LENOVO’S THIRD QUARTER FY 2016/17 RESULTS LED BY GROWTH IN PC BUSINESS

  • Revenue was US$12.2 billion
  • Pre-tax income was US$101 million
  • Net income was US$98 million
  • Lenovo’s PC business outperformed the industry with revenue growth at two percent year-over-year
  • Record PC market share of 22.4 percent worldwide
  • Basic EPS of 0.90 US cents or 6.98 HK cents
 
HONG KONG, February 16, 2017 – Lenovo Group (HKSE: 992) (ADR: LNVGY) today announced results for its third fiscal quarter ended December 31, 2016. Quarterly revenue was US$12.2 billion, a six percent decrease year-over-year. Third quarter pre-tax income was US$101 million, a 68 percent decline year-over-year. Net income fell 67 percent year-over-year to US$98 million. 
07 February 2017

Lenovo™ Announces Breakthrough, Innovative PC Manufacturing Process

Lenovo (HKSE: 992) (ADR: LNVGY) today announced a new patent-pending Low Temperature Solder (LTS) process developed to improve PC manufacturing by conserving energy and increasing reliability. 
13 December 2016

Lenovo and Via Licensing Jointly Announce AAC Patent License

San Francisco and Beijing, December 13, 2016—Lenovo (HKSE: 992), a global leader in consumer, commercial and enterprise technology and Via Licensing Corporation (Via), a leading world-wide intellectual property solutions provider, have entered into an agreement granting Lenovo a license to past and future use of the patented technology in Via’s Advanced Audio Coding (AAC) patent pool. That technology, incorporated in Lenovo’s smartphones and tablets sold in over 100 countries, enables consumers to enjoy extremely high quality audio and other benefits on their Lenovo devices.
02 December 2016

Lenovo Receives the Platinum Award in Best Corporate Governance Awards 2016

HONG KONG, November 30, 2016 – Lenovo Group (HKSE: 992) (ADR: LNVGY) has been honored, for the fourth consecutive year, with the Platinum Award in the H-share Companies and Other Mainland Enterprises Category of the 2016 Best Corporate Governance Awards, by the Hong Kong Institute of Certified Public Accountants (“HKICPA”). In the same category, Lenovo has been granted a Special Mention in the Sustainability and Social Responsibility Award, for the first time. This special mention acknowledges the company’s continuous achievements in sustainability, both locally and globally, which is proven through various actions, including the signing of the American Business Act on Climate Pledge, acting as a signatory of the We Mean Business initiative, its placement on the 2016 Hang Seng Corporate Sustainability Index for the seventh year in a row, and much more.