Lenovo Announces 2004/05 Third Quarter Results: Core Business Turnover, Profit and Market Share Increase
Hong Kong, February 4, 2005 – Lenovo Group Limited (“Lenovo”)(HKSE:992; ADR: LNVGY) today announced its third quarter results for the period ended December 31, 2004. In the third quarter of the 2004/05 fiscal year, turnover of the Group’s core business increased 4%. Operating profits grew substantially at 19% over the same period last year. As […]
Bluevar Expects Wider Opportunities with IBM-Lenovo Deal
IRVINE, Calif., Jan. 27, 2005 – Bluevar President Dave Cunningham says he expects the upcoming new global personal computing company to be formed by IBM and Lenovo to open opportunities for value-added resellers to sell a wider range of PCs to customers in the manufacturing and financial markets. Bluevar is one of many partners embracing […]
Lenovo To Acquire IBM Personal Computing Division
ARMONK, N.Y. and BEIJING — Dec. 7, 2004 — IBM and Lenovo Group Limited · Creates world’s third-largest PC business with approximately US$12 billion annual revenue for 2003 · Global business with worldwide reach, powerful brand name, balanced product offerings and leading R&D capabilities · Long-term strategic alliances between Lenovo and IBM in PC sales, […]
