BRIEF: Lenovo’s quarterly profit doubles as revenue hits record
PC giant Lenovo Group Ltd. (0992.HK) announcedon Thursday that its profit rose 107.8% year-on-year to $510 million for its first fiscal quarter through June, while its non-HKFRS profit rose by…
Will new investor Goldstream bring its Midas touch to Saint Bella?
The investment company disclosed its purchase of 0.3% of the maternity and baby care company’s stock on the open market Key Takeaways: Goldstream Investment acquired 1.83 million Saint Bella shares,…
ZTE comeback stumbles on China telecoms spending slowdown
The telecoms equipment seller’s revenue began declining in the second half of last year, and fell 10% in the fourth quarter Key Takeaways: ZTE's revenue dropped for first time last…
Lenovo’s AI seeds begin bearing fruit, as geopolitics continue to weigh
The leading PC maker’s profit jumped 41% in the first half of its fiscal year as its diversified artificial intelligence gambit starts paying off Key Takeaways: Global PC leader Lenovo’s…
Lenovo gains market share in computing race to reap profits from AI
The company boosted its share of the global PC market in the third quarter, even as its sales of other products like servers and storage look set to overtake its…
PODCAST: EU EV Tariffs, and Lenovo’s Middle East Tie-Up
The EU slaps Chinese EVs with tariffs of up to 38%. How will China respond? And Lenovo enters a major new partnership with Saudi Arabia's sovereign wealth fund. What's driving this alliance?
Lenovo makes critical calculation with Middle East pivot
The PC giant’s new tie-up with the Alat unit of Saudi Arabia’s sovereign wealth fund will give it access to new funds and help it establish a regional headquarters in…
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