Lenovo Group Ltd., which is buying Motorola Mobility from Google Inc., plans to make the phonemaker profitable within four to six quarters without eliminating jobs, Chief Executive Officer Yang Yuanqing said.
Lenovo Group Ltd., the biggest personal computer maker, said Chief Executive Officer Yang Yuanqing will share at least $3 million of his bonus with workers for a second straight year after posting record sales.
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.
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.
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.
Hon Hai Precision Industry Co., flagship of electronics maker Foxconn Technology Group, posted profit that beat analyst estimates as it assembled new products including Apple Inc. iPhones and Sony Corp. game consoles.
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.