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Lenovoi

Lenovo is the world's largest PC maker whose product line includes PCs, tablet computers, mobile phones, servers, computers, tablet computers, mobile phones, workstations, servers, electronic storage devices, IT management software and smart TVs. Lenovo bought IBM's PC business in 2005. 

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  • Chinese entrepreneurs have become frequent subjects of speculation and verbal abuse on domestic social media
  • Regulators have stepped up scrutiny of online attacks targeting entrepreneurs, as Beijing looks to restore private-sector confidence

The Chinese giant has added new Nvidia GPU systems to its ThinkSystem servers and announced new computer workstations pre-installed with Nvidia chips.

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Lenovo’s sharpened focus on artificial intelligence reflects the personal computer industry’s response to a projected shift in demand for machines that support the technology.

The newly formed working group is tasked with building, maintaining and promoting metaverse industry standards, China’s technology regulator says.

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New Delhi will provide subsidies under a scheme to boost domestic manufacturing and strengthen the South Asian country’s bid to become a major hub in the global electronics supply chain.

Despite a precipitous decline in cross-strait relations, products from mainland China hold appeal for many shoppers in Taiwan as the mainland’s technological capacity sharpens and economies of scale keep retail prices low.

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Computers with chips that have built-in AI capabilities are expected to account for 86 per cent of laptops shipped in China in 2027, according to IDC.

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The list of registered app stores in the country includes Xiaomi, Oppo, Vivo, Huawei and even Samsung, but not the mainland’s fourth-largest smartphone brand.

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US PC giant Dell Technologies saw its Chinese sales plummet in the second quarter, amid a weaker macro environment and plans to cut reliance on China-based supply chains.

Lenovo has appointed US businessman John Thornton as an independent non-executive director and a member of the company’s Nomination and Governance Committee.

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World’s biggest PC maker says net income fell 66 per cent to US$176.5 million, but it fended off HP to retain top position in the global PC market even though shipments shrank 18.4 per cent.

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Micron’s president and CEO met with China’s Ministry of Commerce, according to report, as slew of US Chip companies signal commitment to market amid geopolitical tensions.

The world’s No 2 computer maker said it remains committed to its 20,000 square metre facility in Chongqing, as China is an important part of its supply chain.

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Hong Kong stocks dropped for a third day as Lenovo and Xpeng reported disappointing earnings amid China’s weak economic recovery. A stalemate in debt ceiling talks in the US continued to sap sentiment.

The cooling demand is giving manufacturers the time ‘to make changes as many factories begin to explore production options outside China’, IDC said.

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Lenovo saw a steeper-than-expected revenue decline to US$15.3 billion in the fourth quarter, as rivals HP and Dell also grappled with slowing PC sales after a work-from-home boom.

Chinese companies at the world’s largest consumer electronics show are exhibiting new PCs, TVs and portable power stations, illustrating the country’s supply-chain strengths.

Speculation about retrenchment of workers in China’s AI industry reflects the uncertainties brought by US trade sanctions and further restrictions imposed by Washington.

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