|Bid||5.720 x 0|
|Ask||5.730 x 0|
|Day's range||5.700 - 5.890|
|52-week range||3.530 - 6.030|
|Beta (3Y monthly)||0.64|
|PE ratio (TTM)||N/A|
|Earnings date||21 Feb 2019|
|Forward dividend & yield||0.27 (4.62%)|
|1y target est||0.73|
Shares of Chinese hardware companies fell sharply on Friday, led by computer maker Lenovo which lost more than a fifth of its value. It was not immediately clear what was the cause, but the declines follow a Bloomberg Businessweek report that U.S. tech companies' systems had been infiltrated by malicious chips inserted by Chinese intelligence agents. Ed Giles reports.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! I am going to run you throughRead More...
Yuanqing Yang has been the CEO of Lenovo Group Limited (HKG:992) since 2009. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. Next, Read More...
China’s slowing economy and trade troubles have been a cloud over this year’s Consumer Electronics Show. As one of China’s largest technology companies, with annual revenue of about $45 billion and the top-selling PC maker in the world, Lenovo has been closely watched amid escalating U.S.-China trade tensions and a deceleration in China. “We’re staunch believers in fair trade and open markets,” Matt Zielinski, president of Lenovo North America, told Barron’s at CES on Wednesday.
The Federal Trade Commission, with the assistance of Huawei Technologies Co., Samsung Electronics Co. and Motorola, repeatedly points to Reifschneider’s alleged threats while he worked for Qualcomm to cut off chip supply as evidence of anti-competitive practices. Although Reifschneider won’t set foot in the San Jose, California, federal courthouse for this trial, his name is invoked almost hourly. Reifschneider was Qualcomm’s general manager of technology licensing for four years until June 2016, preceded by years as the company’s outside counsel.
Dell and HPE would benefit from Lenovo being mentioned in the same breath as Huawei, regardless of whether it poses a similar threat to the huge networking-equipment maker — or any threat at all. A series of Western acquisitions, including the Motorola phone brand in 2014, also makes it far less China-heavy.
Huawei Technologies Co. and Lenovo Group Ltd. provided testimony that the FTC argues proves that Qualcomm threatened to withhold chip supply unless they continued to pay technology licensing fees. In 2013 negotiations over new chip-sets, Qualcomm allegedly informed Huawei that if it didn’t extend the code division multiple access, or CDMA, license agreement, “they would stop supplying the chips,” Huawei General Counsel Nanfen Yu said in a video deposition played for the court. “Everyone in the industry knows” how Qualcomm operates.
MOUNTAIN VIEW, Calif., Dec. 10, 2018 -- Cumulus Networks, the leaders in building networking software for the open, modern, data center, today announced a partnership with.
Small-cap and large-cap companies receive a lot of attention from investors, but mid-cap stocks like Lenovo Group Limited (HKG:992), with a market cap of HK$66b, are often out of the Read More...
A look at the shareholders of Lenovo Group Limited (HKG:992) can tell us which group is most powerful. Institutions often own shares in more established companies, while it’s not unusual Read More...
Third quarter PC shipments benefit from improving demand from businesses customers but weakness in consumer PC market is a concern.
The MSCI AC Asia Pacific Infotech Index hit the lowest since July 2017 on Friday as investors digested a Bloomberg News report that China had infiltrated American companies with a hardware hack three years ago. The story came the same day Vice President Mike Pence criticized China across economic, commercial and diplomatic fronts in a keynote speech. While the two nations were already embroiled in a months-long tariff-raising trade confrontation, the latest developments raise the broader question of the place of China -- and its Asian suppliers -- in the supply chain that feeds through to the U.S. consumer.
HONG KONG (AP) — Chinese tech stocks Lenovo Group and ZTE Corp. tumbled in Hong Kong on Friday following a news report Chinese spies might have used chips supplied by another company to hack into U.S. computer systems.
Today we've highlighted ten stocks that are currently trading for under $20 per share. All of these stocks currently have at least a Zacks Rank #2 (Buy), and a variety of other factors make these companies stand out as having strong upside potential.
Lenovo Group Ltd. has seen its shares surge 43 percent in the nearly five months since the announcement of its removal from the Hang Seng Index -- an increase that beats every other Chinese technology stock during the same period while outperforming the broader Hang Seng index that this month slumped into a bear market. The rapid reboot of the PC manufacturer’s shares is a welcome surprise for investors who had grown accustomed to Lenovo being the world’s worst-performing technology stock, plunging 56 percent between March 2013 and April as it repeatedly missed turnaround targets for its embattled smartphone business.