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December 27, 2013
08:03 EDTLNVGY, SSNLFLenovo aims to be first in mobile, NY Times reports
Laptop maker Lenovo (LNVGY) is the second-largest smartphone brand in China, after Samsung Electronics (SSNLF). The company wants to build on that success and begin pushing into the U.S. and other wealthy markets in 2014. “I’ll be very clear: Our aspiration is someday to be No. 1 in the mobile space,” said J. D. Howard, a Lenovo VP who is in charge of developing the company’s smartphone business outside China. Reference Link
News For LNVGY;SSNLF From The Last 14 Days
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April 14, 2014
06:11 EDTSSNLFIntel works with HzO to enhance water resistance in products, DigiTimes says
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06:09 EDTLNVGYLenovo sees 200% increase in PC sales to small, medium businesses, DigiTimes say
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April 11, 2014
09:19 EDTSSNLFANADIGICS ships AWC6383 dual-band ProVantage PA to Samsung
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06:47 EDTSSNLFSamsung ups S5 incentives to fend off rivals, Bloomberg says
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06:46 EDTSSNLFDocuments: Samsung misled investors about Galaxy tablet sales, Fotune says
According to documents revealed in the Samsung (SSNLF)-Apple (AAPL) lawsuit, Samsung misled the public about how many tablets it sold in 2011, Fortune reports. Strategy Analytics told the world Samsung sold 2M Galaxy Tablets in six weeks, when "it took Samsung all of 2011 to sell half that many." Reference Link
06:08 EDTSSNLFMemory suppliers look to bundle NAND flash sales with DRAM chips, DigiTimes says
Some memory device suppliers may be pushing sales of NAND flash chips with DRAM chips in an effort to easy the oversupply of NAND flash products, reports DigiTimes. According to market sources, the prices of NAND chips have continued to decline this year due to the capacity ramps from major companies. Reference Link
April 10, 2014
06:49 EDTLNVGYMotorola Mobility names Osterloh COO
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06:23 EDTLNVGYIDC says worldwide PC shipments totaled 73.4M units in Q1, down 4.4% y/y
Worldwide PC shipments totaled 73.4 million units in 1Q14, a decline of -4.4% year on year, according to the International Data Corporation Worldwide Quarterly PC Tracker. Although still in decline and with continuing weakness in consumer and emerging market segments, the preliminary results are slightly better than a projected decline of -5.3%. The U.S. market continued to stabilize with growth near zero – in line with forecasts. With shipments totaling 14.3 million PCs in 1Q14, the U.S. market contracted by -0.6% from the same quarter a year ago. Desktop shipments were slightly stronger, posting 3.5% growth, while portables remained in negative territory. Lenovo (LNVGY) preserved its lead in total worldwide PC shipments despite a seasonal drop due to the Chinese New Year. Growth in other regions continued at a solid pace although Latin America slowed after a dramatic expansion over the past year. HP (HPQ) remained in the number 2 position, with growth rising nicely to nearly 5% year on year. Dell grew over 9% in the first quarter.
April 9, 2014
17:26 EDTLNVGYGartner says worldwide PC shipments in Q1 fell 1.7%
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07:54 EDTSSNLFSamsung, Apple pushed to make high-end phones less costly, Reuters says
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06:18 EDTSSNLFApple seeks $2.2B in damages from Samsung in patent infringement, WSJ says
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06:13 EDTSSNLFSupply chain gears up for component orders for tablets, DigiTimes reports
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April 8, 2014
18:13 EDTSSNLFSamsung looks to rapidly restructure, Nikkei reports
Due to slowing smartphone profits, Samsung is racing to restructure itself, Nikkei reports. Reference Link
12:10 EDTSSNLFIneda Systems says secures funding from Samsung, Qualcomm
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April 7, 2014
19:39 EDTSSNLFSamsung Q1 operating profit 8.4T won, consensus 8.3T won, Bloomberg says
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13:05 EDTSSNLFAnalyst says semiconductor stocks attractive after decline
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07:37 EDTSSNLFApple considered dumping long-time ad agency, WSJ reports
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07:33 EDTSSNLFFLIR Systems hires Travis Merrill as Chief Marketing Officer
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06:15 EDTLNVGYLenovo to acquire mobile patents from NEC Corporation
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April 4, 2014
08:47 EDTLNVGYLenovo, IBM deal investigated by U.S. over Pentagon servers, Bloomberg says
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