Kirk Yang News
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Acer Inc., Asia’s second-largest computer maker, posted third-quarter profit that missed estimates amid declining sales and market share as consumers held off purchases ahead of the release of Microsoft Corp.’s next Windows operating system this month.
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Lenovo Group Ltd., set to overtake Hewlett-Packard Co. as the biggest PC maker this year, now has its sights on the smartphone and tablet markets, as it takes on Apple Inc. and Samsung Electronics Co. in China.
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Lenovo Group Ltd., the world’s second-biggest maker of personal computers, posted a 30 percent increase in first-quarter profit as it expanded market share to almost pull even with leader Hewlett-Packard Co.
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Lenovo Group Ltd., the world’s second-biggest maker of personal computers, posted a 54 percent increase in third-quarter profit as orders for office computers jumped and acquisitions in Germany and Japan boosted sales.
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Hon Hai Precision Industry Co., the world’s largest contract manufacturer of electronics, posted profit that missed analyst estimates as investment losses and a lull in Apple Inc.’s iPhone sales damped earnings.
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Hon Hai Precision Industry Co., a maker of iPads for Apple Inc., rose to the highest level in four months in Taipei trading after it reversed loss provisions for a planned investment in Sharp Corp.
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The world’s two biggest laptop assemblers are seeking shelter in the cloud as Apple Inc.’s iPad threatens the future of personal computers.
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Lenovo Group Ltd. , China’s biggest maker of personal computers, said fiscal third-quarter profit rose 25 percent, exceeding analysts’ estimates, as customers replaced aging machines and component costs fell.
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Asustek Computer Inc. and Acer Inc. may benefit if Hewlett-Packard Co. goes ahead with plans to spin off its personal-computer division, said Kirk Yang, an analyst at Barclays Plc.
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Stocks of the following companies had unusual moves in Taiwan trading . Stock symbols are in parentheses and prices are as of the 1:30 p.m. close.
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